Economics

Impossible dream

The original premise of LifeVesting is, what would happen if we applied principles of financial investing to all the areas of our lives?  Some of the things we have explored in the process are:

  • There are four – and only four – things you can spend your time and money on.
  • It is possible, like the Bible’s “Proverbs 31 woman,” to position yourself so that you laugh at the future rather than worry about it.
  • God has an economy and you can be rich in it.

Nearly ten years after my son proposed the idea, it still intrigues me.  Lately I’ve been thinking about some wisdom I got from my friend Kirk the Builder.  Kirk works for a major contractor who has built multi-million-dollar facilities all over the country.  One day we were having lunch and talking about the biz, and Kirk shared some profound wisdom.

In construction, he said, people can pick any two of three options:  good, fast, and cheap.  We want all three, but we can’t have all three.

We can have good and fast, but it won’t be cheap.

We can have good and cheap, but it won’t be fast.

We can have fast and cheap, but it won’t be good.

What intrigues me about that is that the principle isn’t limited to bricks-and-sticks construction.  [click to continue…]

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