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I can at any moment convert my time into money, but I do not require more of the latter than is sufficient for necessary purposes.
Michael Faraday
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Interpretation

What this quote means

The quote emphasizes the value of time over money, suggesting that we shouldn't pursue wealth beyond our basic needs.

Michael Faraday highlights the idea that while time can be exchanged for money, it is important to recognize the limitations of wealth. He implies that one should strive for a balance, ensuring that the pursuit of money does not overshadow the more meaningful use of time in life. In essence, he advocates for a focus on essential needs rather than an endless chase for financial gain.

Themes

TimeMoneyNecessityWealthBalance

In practice

Example use cases

During a financial seminar, to highlight the importance of balancing time and financial pursuits.

More from Michael Faraday

I think chemistry is being frittered away by the hairsplitting of the organic chemists; we have new compounds discovered, which scarcely differ from the known ones and when discovered are valueless-very illustrations perhaps of their refinements in analysis, but very little aiding the progress of true science.
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I am no poet, but if you think for yourselves, as I proceed, the facts will form a poem in your minds.
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It is on record that when a young aspirant asked Faraday the secret of his success as a scientific investigator, he replied, 'The secret is comprised in three words- Work, Finish, Publish.'
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When I consider the multitude of associated forces which are diffused through nature - when I think of that calm balancing of their energies which enables those most powerful in themselves, most destructive to the world's creatures and economy, to dwell associated together and be made subservient to the wants of creation, I rise from the contemplation more than ever impressed with the wisdom, the beneficence, and grandeur, beyond our language to express, of the Great Disposer of us all.
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Water is to me, I confess, a phenomenon which continually awakens new feelings of wonder as often as I view it.
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It is right that we should stand by and act on our principles; but not right to hold them in obstinate blindness, or retain them when proved to be erroneous.
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