Formula of Money

Healthwealthishappiness · April 30, 2023

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Money and Time matter in every aspect of life. Without money or less money, life becomes hard to survive. Every person is running after money. Although it would not be wrong to say, we live for money. A person can only afford anything if he has money in his pocket. Money also creates a status symbol in society whether he is rich or poor. It is very important to understand the value of Money and Time.

Terms of money, it has divided our society into two parts. One is “Rich” and the second is “Poor”. There is no lower class, middle class, upper-middle-class, and upper-class category. Either a person would be rich or poor. Every country has defined the category of people as per their country status. If the country is rich, its currency would be rich and apparently, the people of that country will earn money accordingly. Purchasing Power Parity (PPP) a unique term in microeconomics helps us to understand the situation of any country. It does not matter that how the country is rich because many rich countries like Qatar, the USA, the UK, Russia, Australia, Canada, etc have also many poor people.

Money has to earn by the people but they must know how they can do so. Let’s understand the formula of money so that the person can earn money accordingly.

R (Rate) X T (Time) = M (Money)

Rate (R)

How can we define the rate of the person? The rate of the person is based upon their “Education” and “Experience”. As we know that as much good Education Degree we carry as we get the package in any company or organization. And our working Experience helps us to get a hike in any organization. The combination of “Education & Experience” put the tag on us and we can bid ourselves on the time of interview in private companies. Moreover, if we talk about government organizations, so we qualify the entrance as per our education and our past experience (if any) help us to work there efficiently.

Hence, we always think about enhancing our education, skills, knowledge, and experience to earn money as per our wish. We used to hear that “Get a good education, get a good job”, it means that our education is very important to define our rate and experience comes after that to flourish our tag which we carry from starting our career. Our education and experience not only helpful in the job category but also in other categories also because your education, knowledge, skills, and experience never waist. Therefore our rate is up to us, we have to upgrade it or downgrade it because our rate very helpful to earn money as much we want to earn.

Time (T)

As we know that time is a very prime factor to earn money. Our money totally depends upon a time because as much time you will invest in your workplace, you will get the return accordingly. It’s a vice versa to each other. As long as we are physically active and investing our time in our work, we will get money but as we inactive, the flow of money will be stopped. So it is very important to understand the value of time. We should also invest our precious time to enhance our knowledge and skills so that we can develop personality and knowledge to increase the flow of money.

Money (M)

Every person is earning money as per their Capability, Skills, Knowledge, Education & Experience. For earning money we require the platform. We all are earning money from different categories. Some of them are employees and some of them are self-employed. Some of them are business owners and some of them are investors. Every category has its own significance and they are earning money accordingly. We all have only 24 hours in a day and 8760 hours in a year to earn money. Although, Do all the categories earn money in a very affluent manner? , the answer is “No”. Why it is so? Because all peoples have their own sets of minds to earn money. We all have limited Education, limited Skills, limited Experience, and limited time therefore we have limited money.

If we want to earn more money so we have to follow the formula of money as well. Why are people are limited in money they have limited themselves by many criteria. Most people are not teachable. They feel shy or insult to learn from anyone. Suppose a person is in high designation in any IT company and he has to upgrade his selling skills in the medical field so he has to take education from other, might be he is younger than him but he should be a student from that particular topic. Most people think that they know everything but “they do not know what they do not know”. We can better do anything if we want to do so.

Bottom Line

R (Rate) X T (Time) = M (Money)

(Enhance Skills & Education) X (Utilize the Time) = Increase the Flow of Money

If we want to earn money in a very affluent manner, so we need to follow this formula. We should not be rigid to learn and enhance our knowledge. Money is the combination of “Rate” and “Time”, so as of now we can only increase our rate to increase the flow of money unless we learn that how to increase time because we have only 24 hours in a day. We have to work accordingly and focus on the flow of money by following this formula.

Formula of Money

Rate (R)

Time (T)

Money (M)

Bottom Line

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