The Time Value of Life

<p>Life is treasured in minutes hours days months and years. In <i>The Time Value of Life</i> author Tisa L. Silver shares how a simple decision-making rule used in ���nance can be applied to making decisions in other areas of life-especially how to wisely use the time you've been given on earth.</p><p>A student-turned-professor of ���nance Silver introduces the Time Value of Money (TVM) model. She uses hypothetical and real-life examples to show why time should be treated as a valuable gift and demonstrates the parallels between ���nance and life and between money and time. Silver advocates taking the following steps:<br><br><ul><li> Recognize time is a limited resource.</li><li>Diversify investments.</li><li>Respect time.</li><li>Believe in your investments.</li><li>Make collaborative investments.</li><li>Understand good investments pay o���.</li><li>Realize the past doesn't dictate the future.</li><li>Know that your future value depends on your inputs.</li></ul></p><p><i>The Time Value of Life</i> communicates that time is more valuable than money because the value of your life depends on what you do with your time. Stop spending time; start investing it. By being careful about the way you invest your time now you can enjoy the rewards later.</p>