I Have No Money, but Lots of Time

Methodological Phase I

This phase marks the beginning of the journey, differing fundamentally from the zero phase where one struggles without money for basic needs.

Meaning of 'I Have No Money, but Lots of Time'

• No Money: The individual has no passive income and does not sell their time for money.

• Plenty of Time: They can watch numerous series on Netflix, read for entertainment, party frequently, sleep as much as desired, and have time for proper meals.

Transitioning from This Phase

The key is to focus on gaining experience rather than earning money. One significant mistake is to chase opportunities solely for higher income.

Problem with Prioritizing Money Over Experience

It's much better to work for free at a job you love rather than for a high salary at a job you dislike. Free work in a liked field leads to gaining valuable experience, enhancing market value, and eventually getting paid while enjoying the work.

Working for High Pay in a Disliked Job

This path can lead to gaining experience in an unenjoyable field, increasing income with rising living standards, leading to a cycle of needing more money and eventually resulting in dissatisfaction.

Alternative Paths

There are combinations like being paid from the start for work you love, or working in a high-paying unenjoyable job but with clear goals and careful spending to avoid wasting your life.