What is more important to give, your time or your money?

This week two people I knew from my younger days passed away.

They were both still in their mid forties and full of life. One passed away from illness and the second took their own life.

Looking at their social media profiles, its hard to believe that they are gone and that I will never see them again.

This week has been a reminder of how short life is and that no matter how hard we try, we never take anything with us when we leave.

Everything stays behind for the next in line or the next generation.

When you are working hard at your job or starting your own business, always ask yourself…

  • Why are you doing this?
  • Why are you working so hard?
  • Do you want to leave a legacy?
  • Do you want to improve your quality of life while you are still here?
  • Do you want to make more money to help others?
  • Or are you just obsessed with social status and the amount of money you expect to have in your bank account?

Whatever your reason, make sure you are spending your time doing what you love.
Value your time and treat it like a commodity.

Your time is the most valuable asset you can have. You can always make more money, but you can't make more time.

How much do you charge for your time?

Today someone posted this comment on one of the private Facebook groups I am in.

As you can see this person is equating that offering your time for free is the noble thing to do. As if asking for money for your time conveys that you don't have a heart.

This is a misconception.

Offering your time for free to someone who expects that you will drop everything to help them when they are not prepared to offer you something else in return is a demonstration that you don't value your time.

In this case, this person is not starving or on the streets. This person has on own online business but is expecting that someone will take the time to train him and mentor him for free.

Here was my response to this comment:

I took the time to respond because I get asked a lot to offer my time for free.

I get constant messages on my website and social media from people who expect me to give free advice and tips.

They send me their marketing material and expect me to read it and give feedback for free. Some even ask me to design some logos and update their website as a favor… as if my time is of no value them.

If you don't value your time, no one else will.

I usually respond with my hourly rate and tell them I am not taking any clients right now.

Even if they paid, I know that they will always resent having to pay for help. That is not the type of client I want to deal with.

What about you?

Knowing that your time here is limited, what value do you have on your time?

Before you help others, you need to help yourself.

Something we all hear every time we take a trip on a plane. The instructions are clear. Put on your oxygen mask first then help others.

Help yourself and stay strong so you can help others. Charge for your time so you can continue to get stronger and build a business that can help you, your family and others.