How to utilize your income

CAIRO - 16 July 2017: What people tend to do to make a living is to stick to the safe and known. While it gives a strong emotional support to know that what you had today can be replicated tomorrow without spending more energy or some chaotic time figuring out what to do, this safety is being used actually against people not in their favor.

So to achieve financial freedom, you have to do the following:
First is to earn a good amount of money.
Second is to limit your spending to your true needs.
Third is to do ticks and tricks for better living quality making the best use of money.

However people tend to forget the value of time and energy spent when deciding on the most suitable choice for every situation.

For example at local markets sometimes the seller brings cheap fruits that need to be picked by hands one by one, which is really time consuming, while another brings a high quality product that is double the price.

When applying the method of saving more money, you will definitely pick the cheapest, after all it is a matter of some picking and you are back home with quality product half of the price, but when inserting time and energy value in the process, it will look different. If it takes you ten minutes at every local seller to pick the product yourself, then you should be paid for working on clearing this bulk of mixed fruits. So let us say you saved hundred coins by spending hundred minutes on a task that also cost you a lot of energy.

Another example is trying to find the cheapest seller yourself. You may go around markets and ask every single seller about the prices and decide what the best deal is. At the end of the day you really bought it at the cheapest price possible, but you are drained of quality time and energy if you can see the full picture.

So although this will let you make a living with what you have. You are always drained from this never-ending searching process; and even if you might have abundance in everything, this drainage will get you trapped at the “I am poor" state of mind.

This energy sometimes is compensated with emotional state of short circuit over spending on unimportant stuff escaping the overwhelming feeling of being deprived, leaving your monthly income hurt even more; and you are caught on the cycle of being poor.

To earn a good amount of money is to make the best out of the current situation. In our current state in Egypt, a big gap lately happened between the local currency and the U.S. dollar and from a limited point of view; this affects the price of everything in the market leaving the income in Egyptian pound decreased by at least half of its real value; that is a disaster, people tend to save money by spending even less, talking everywhere on social media and spreading the energy of being poor; it feels so easy to give in to this feeling.

But what if you could get paid in U.S dollars by working from home, with a facility currently present at your house hold; what if you saved the dozens of hours spent on detailed money saving techniques that really saves you very little money, and start maintaining your good mood, energy and precious time then invest them in learning a skill that fits the worldwide need.

How about making a group project like planting a piece of land expertly and exporting the products, gaining money in Euros; like Upper Egypt's sun dried tomatoes, or high quality dates to name a few.

What if you were a housewife and decided to make use of your precious time, so you started your own knitting business; although paid in Egyptian pounds, this will still give your income a push, at least in a better manner than spending your time in a local market picking between rotten apples and fresh ones, thinking you are doing a great job.

After all we are given an abundance of knowledge everywhere, precious time that makes up our lives, and a good daily amount of energy that we choose to spend between whining and saving money techniques. Yes it is a hard time for most people, but the hard time creates open opportunities in the market.