I received this very important peice of info from my health insurance provider. I wonder they use similar math to calculate the premium and reimbursement payments!
- Irrespective of the amount of money, time, and information you have, you will always have maximum savings. In other words, whatever savings you have, is the maximum savings! Don’t try to save more.
- The more information you have, the less will be your maximum savings. So, try to get rid of most of the sources of information (everything other than the communications from the insurance company).
- But, since information = knowledge, knowledge = time, and time = money (therefore, information = money), their first equation reduces to, [money + time/money = max savings]. So, you may have infinite “max savings” if you do not have any money but have some time!
- From the graph, it is easy to understand that for the same amount of time spent, knowledge increases with money. Put in other words, you can buy knowledge (or degrees and certificates).