The new concept of assets: “New Millennium Currency”
Money is not real! Cash is fake!
I hate the phrase “cash is king”. It drives me crazy.
It’s only a tool to use in exchange for goods and services. Too many people think money can buy happiness, safety or security. Most of the time, this is not always the case. It is only one possible measurement of one side of the equation. Time, for example, can be king. Time works for both sides of the equation. Time always equals Time. Money does not always equal “Money”.
Personally, I don’t even think of money as an asset. Can you use US dollars anywhere in the world, at any time, to obtain anything? No. You cannot. But there are other currencies that can be earned, saved, invested, spent and loaned that you can use anywhere, anytime for anything. Literally.
Let’s take a moment and discuss a different way of looking at currency. The rules changed as we moved into the 21st century. I’m not asking you to forget “money”. I’m only asking you to drop the concept of “money” to the bottom of the list of importance.
Most people who haven’t properly and clearly set their future goals (read my other posts) typically say “I want to be rich” when asked what their career goals or future goals in life are. And usually a follow up clarification question results in “I want a billion dollars” (or specifically I quote a “bajillion” dollars).
Well, there are many avenues to getting rich, but what I always suggest first is re-engineer your thinking. And one step you can take today is starting to realize there are more important currencies in life than paper “money”.
The Concept of New Millennium Currency:
First lets understand the rules of the new currencies before exploring them:
The new currencies are alive. They are always in motion. At any given point you are either earning more, or losing more.
An old phrase use to be “how much money do you have”? And now that question has become more enlightened… it’s “how are your assets doing in this economy”, “how much free time do you have”, “what talent do you have that you’ve learned to monetize and how” and “how do you feel; emotionally physically, mentally”? The concept of net worth is no longer the most important measurement. What’s more important is what you’re actually able to do with your currency and resources.
The new currencies are always considered in relative terms.
It is understood that any currency’s worth is fully negotiable at any time.
For example, one person will pay more “money” for an extra day per week (like negotiating a lower salary in order to not work on Fridays). The next person would pay a lot more or a lot less for the same amount of time. But I guarantee you that an extra free day a week will enable you to earn a lot more “money” or currency than what your day job is paying you. So it’s all relative and negotiable. Provide more information, you’ll get paid more. Provide solutions for freeing up time, you’ll get paid more. Provide a way to obtain assets with low risk, you will get paid more. Provide a more enjoyable atmosphere or supply charisma in times of need… you will get paid more.
Any of these currencies can be exchanged for local “money” – anywhere, anytime around the world
These are the new currencies in order of importance. But I’m going to break them down for you in a different order in the next post, because some of the concepts may cause you to react in a confused way if you’re not fully ready for the internal discussion you’ll have with yourself at the end of this series of posts.
I would like to introduce you to the New Millennium Currencies:
Passion
Information
Time
Assets
Bottom line: With any of these forms of currency, at anytime - anywhere, you can earn “money”.
But… money can’t always buy these currencies!
