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By Dave Magill
I was sitting at a Ron LaGrand Real Estate Seminar and the speaker asked this question, “What is your job costing you”? I guess the
question didn’t really sink in at the time, but the more I thought about it, the more I started to understand his question.
First, what is meant by “Cost”, remember the saying, time is money? I have my own saying and I wish I knew who originally said it so I could
give them credit for it. “You can always get the money back, but you can never get the time”.
Let’s look at the Time Cost. I come from a high tech background prior to becoming a Real Estate Investor. It seemed like every holiday when
everyone got the time off to be with their families, I was always stuck working on the machines the factory used. Yes, I was making good
money but what I regret now is the time I should have spent with my children.
My daughter is in college now and we don’t get to see each other as much as we would like. Did the hours I put in at the factory make a
difference, NO! The factory is closed and all these so called jobs for life are now out sourced over seas.
I was traveling heavy for my employer and I don’t know how many missed football, basketball and hockey games that my son played in, or
my daughters first formal dance while I was in Asia. I have some pictures that my wife took, but it’s not the same as being there. That is what
I mean when I say “You can always get the money back, but you can never get the time back”.
Now let’s look at the pay you receive in your job. Is it enough? For me, it wasn’t and I was making good money. Remember, your employer
will pay you the least amount of money they can get by with and we accept this amount even when we know it should be more. Its nobodies
fault; it’s just the way the system works. With more outsourcing of jobs, employers can even offer lower salaries because there are plenty of
people who will take them. Welcome to the Global Economy!
As I got older, I started to realize the Time Cost and when I finally got laid off, I realized the Pay Cost. This was probably the best thing that
ever happened to me; I only wished it had happened sooner!
Now I finally had the time to pursue my passion, Real Estate Investing. Was I scared, you bet I was. But I also realized the life I was living
was not a life I desired. I spent more time at work, on the road and in some factory somewhere in the world.
But even with an unknown future at this time, becoming a Real Estate Investor has given me a good life financially, but best of all, I now have
the time to do what I want to do and guess what, I don’t miss any more sporting events!
So, now let me ask you, “What is your job costing you”? Think about it and I’m sure you will figure out some things you never thought of
before.
Good Luck,
Dave Magill
If you would like to learn more about Real Estate Investing, please visit our web site at http://www.quickcashrealestatesystem.com/
Dave Magill is cofounder or QCRES LLC and coauthor of Quick Cash Real Estate System. Dave may be contacted at dave@qcres.com.
Copyright ©2007 by Quick Cash Real Estate System™, QCRES LLC. All rights Reserved.