Relative income vs. absolute income OR how can a dollar be more than a dollar

> This text is just a paraphrase of the title in 'The 4-hour workweek by Timothy Ferris'

 

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suppose that two people are making 50,000 dollars a year. the first one works 20 hours a week and the latter works for 80 hours a week. which one do you think is much wealthy? 

you are right if you think that the second one is much wealthy. let's dive deep into the concept and see what can make an individual richer.

 

Most of the people consider one parameter as the measurement of wealthyness: the raw income. person A who makes $100K a year is considered twice as rich as the person B who makes $50K a year. 

but the fact is that one variable is not enough to have a realistic measurement of wealth. adding a Time parameter can make our evaluation model more realistic and corrcet. 

having both of the parameters in mind, let's look again at the example we just saw before. The person A makes 100K dollars a year,  working 50 weeks and 40 hours a week thus making $25 per hour. on the other hand, the person B who makes $50K a year, working 50 weeks, 10 hours per week, earns  $100 per hour. hence, the person B is four times as rich as the person A.

why I think I should write

Writing every day on a regular basis has always been a wish for me. There were lots of reasons and mental barriers that held me back, for example I have always been afraid of making mistakes and didn’t have bravery to accept them as part of me, accept my current “me” and try to improve myself. This post written by M. shabanali denotes that we have enormous errors and mistakes in writing even in our native language, farsi, so making mistakes in English isn’t a big deal!

 Another example for these barriers is that I always thought I should have a really great thing to say, every paragraph of my writing should have some very important contents. Now I know that writing itself is the thing that currently matters. And if having valuable content is really my concern, there are lots of ways to fix it and these are the things that currently doesn’t matter.

There are numerous benefits for writing daily. First of all, it makes you think and look for something new every day, if you don’t do that, you won’t have anything (valuable enough) to write about. If you don’t take a deeper look on your surroundings, you won’t have any topic to think about. (I have to confess that I don’t know the exact definition of thinking, literally!)

The next good thing about writing daily is that it helps improve my skills in writing, either in English or in farsi. And it doesn’t need to say that writing effectively is a vital factor for academic success and career progress.

Seems to be enough for my first post!