A student-turned-professor of finance, Silver shows the many parallels between finance and life, and money and time. This self-help guide describes the Time Value of Money model using the four components of present value, return, time, and future value to drive decisions on how to best utilize your time on earth. The Time Value of Life advocates that you:
- Recognize that time is a limited resource
- Reinvest
- Diversify your investments
- Keep your word
- Be respectful of time
- Believe in your investments
- Make collaborative investments
- Understand that good investments pay off
- Realize the past does not dictate the future
- Know that future value depends on your input