Do not index
Do not index
What does "Time is money" mean?
The phrase 'Time is money' means that time is a valuable resource, and wasting time can lead to lost opportunities or financial loss.
When do you use "Time is money"?
Use this phrase in contexts where you want to emphasize the importance of time management, efficiency, or when discussing the potential financial implications of wasting time, such as in business meetings or when advising someone on project deadlines.
"Time is money" Usage Examples
- If we don't start this project soon, we'll miss the deadline; remember, time is money.
- She decided to hire a professional cleaner because she knows that time is money, and she needs to focus on her business.
- In the world of finance, every second counts; after all, time is money.
- When negotiating contracts, keep in mind that time is money, and delays can be costly.
- He learned the hard way that time is money when he lost a crucial client due to procrastination.
"Time is money" Explained
This phrase emphasizes the economic value of time, suggesting that time wasted is equivalent to money lost. It is often attributed to Benjamin Franklin, who used the phrase in his 1748 essay 'Advice to a Young Tradesman'. The idea reflects the growing importance of efficiency and productivity in a rapidly industrializing society, where time management became crucial for success in business.