Effort, money, and time, these three things are deeply related with each other and create the most important columns for life. If we understand the relationship of these three things, we can balance life with success.
Time : First we talk about time. Time is such a resource that are available for everyone in equal amount - 24 hours a day. No matter whether you are rich or poor, a student or a businessman, time is equal for everyone, but the difference is that how they utilize their time. Time is such an asset that you neither stop nor got it back. So, it is considered as the most valuable asset for people.
Effort : Second comes effort. Effort means, devoting the time to execute a task in right way. When we use the time to achieve an objective or a goal, it is called effort. In case of a goal which requires hard work to be achieved, then it needs concentration, and right direction to get the objective fulfilled. It is called effort. If someone just passes time, then it is not enough to get the task completed. For example, if a person has to work for eight ours, but he is not hardworking, their effort will not give satisfactory output. However, if he is hardworking and works sincerely those same eight hours, the output will be better. In this way, the time can be converted into value with effort.
Money : Now we will talk about the third element that is called money. Usually, money is the result of effort that someone gives to a goal. When we use our time and labor in a productive work, we get economic benefit in exchange of it. The more effort you put in, the greater the potential of financial gains. However, it is true that merely hard work is not enough, it also needs right direction, right strategy, and continuity to achieve a target.
Time generates effort, effort generates money, and money then helps you to save time. Their relation makes a cycle. For example, if you have money, you can buy latest technology, machine, or hire manpower to save time that you need to complete a task. In this way, money can’t buy time, but can help you definitely to save the time to achieve an objective.
If someone has time but gives no effort, he can’t earn money. If he gives effort but not in right direction, then time and energy both can be waste. If he has money but don’t have time, he can’t enjoy his life. Therefore the balance is essential in life.
Ultimately, earning more money is not a true success, it needs to make balance between money, effort, and time. The man who uses his time intelligently, gives effort continuously in a right direction, and manages earned money wisely, the same gains long term success and satisfaction. This is the real understanding of the relationship between time, money, and effort.