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Time and Money

February 7, 2012 Filed under Personal financial management

In the harsh world of economics, the value of a person is not difficult to quantify. In simple terms, the value of a person at a given point in time is based future earnings, which is the number of hours the person is able to work for the remainder of their life, multiplied by the hourly rate the person is capable of earning.

There is a common saying; ‘time is money’ and there is no doubt the two are inextricably linked. Read more

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