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The Hidden Value of Time

Last updated on September 22, 2020

Over the last couple of years, as my schedule has had more consistent openings in it and I’ve begun to learn how to adjust to fewer things on my plate, I’ve begun to learn about the hidden value of time. I’ve learned that when I create space in my day, I begin to create space in my mind. And when space is created in my mind, I miss fewer opportunities. I think back over the past five years on those houses I missed out on buying because I was too busy to jump on them. Too busy doing good things, but too busy nonetheless.

Over the past couple of days I’ve been working on refinancing two of my rental properties. These are the kinds of things that often get overlooked because they take a lot of time. But because I had some margin I was able to work on them. Here’s the result. These two refinances are going to save me over $100,000 in interest. I go from 25 and 30 years to both being paid off in 15. Hence the $100k interest savings. That’s a big deal.

What are you missing out on because your schedule is too crammed?

Published inMoneyReal Estate