Money is what you exchange your life energy for. You sell time to acquire money. Ned selling time for $100 an hour while you sell it for $20 an hour—that doesn’t matter. Ned’s money has nothing to do with you. The only true wealth you possess is your time, every second and minute of your life.

You use some of that precious time to exchange for money (cash), but money itself is meaningless; your time is where all meaning and value reside.

“Understanding that money is life energy will make you the master of money. You will clearly know how much life energy you are willing to trade for money. Look around at what you have accumulated, and ask yourself: ‘How much time did I invest in my life to own this… chair… car… complete set of cookware… diploma on the wall?’ See how this affects your next purchase.”