Time for Money or Money with Time
T hey were seated at the back of the commuter bus, commenting on anything they sighted. Then one of them saw a taxi on Kampala road and told his colleague, “Say how about if we went to Dubai and bought ourselves a taxi to operate?” Without missing a beat the colleague responded “With my high level of education I cannot stoop so low as becoming a taxi operator, I will get a well paying job.” His confident and almost arrogant response set me wondering whether he had ever come across the notion of financial freedom. The second man was certainly well schooled in the concept of exchanging time for money, the thing we call a job. His colleague on the other was trying to break into a new realm of thinking, a situation where instead of time for money one can have both the time and the money. The common definition of financial freedom is the state where an individual or household have sufficient assets or investments to meet their financial needs for the rest of their lives, without any ...