What's Affordable?

Monday Mountain
October 24, 2016

Affordability, How to calculate it.

For something to be defined as "affordable," by its definition would mean that it is inexpensive or reasonably priced. This is a relative perception of cost... It does not exclusively refer to money. What other forms of payment are you capable of? Well, there's the always rare currency of time, energy is another raw source, and intellect/emotion or as I call it brain power.

How can you tell if you can afford something? To begin with, there are two factors that will help you define if something is affordable. One is how much you have available to allocate and the other is out of available amount how much you're willing to actually spend or invest.

For example, fitness freaks... They workout for a set amount of time everyday regardless of what happens, why do they do this? They may not have a lot of energy or a lot of time available, but they do this because it means a lot to them and it's very important for the other parts of their lives.

The idea of being wealthy with time or energy is not about whether or not we can spend it all or save the most, it's about investing yourself into those areas than give you a return on that investment. Just like working out, sure at first you're worn out and sore, but the continued effort and growth in time will give you back more energy and more brain power to fuel your own progress in other areas.

What can you afford with your free time? What do you put your energy into that gives back? Question where you allocate those resources because you may be wasting your energy, time, or your emotions on something that won't give you the desired output.