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Wednesday, August 17, 2011

Money vs. Time, Which is a More Valuable Resource?

It's one thing to make something from nothing, but it's another to make something with things you already have.

Time vs Money, Who is the Top Dog?

You see, there has always been a thought, where if you make nothing into something, you would be much more successful and able to produce money. However in modern times, this is rarely ever the case. One can plant a seed and wait for it to become a cabbage, or one can invest money on others so that they can grow cabbages for you.

In Runescape, and pretty much in any other video game, the same rule applies. You have or probably will hear a lot of people who make millions by picking flax and spinning them into bowstring. Why does this seem to work well? This is because by picking the flax themselves, they believe they will make more money since they didn't need to spend a single Runescape coin.

So Why isn't this the Best Way to Go?

Sure, you didn't spend anything and you made a decent amount of money off that. However, think about the amount of time you spent picking that flax. How long did it take to fill one inventory of flax? Say in one minute, you were able to pick a full inventory of flax. How much is that flax worth? Not only that, you still need to spin that flax into a bowstring.

Now say that instead of tediously harvest flax from the ground, you decide to take the more expensive way to about making bowstring. By buying the flax. Surely this must be less profitable since by converting flax that you have collected yourself into valuable bowstrings is much bags more money. This is true in raw form. Now add the time factor into buying the flax. By buying flax, you have effectively cut the time significantly by not picking flax. In the time that you have saved, you can spin much more bowstring than by using that time to pick and spin bowstring.

The Moral of the Story

Runescape is nothing more than a digital world in which we enjoy living in. However we have a real life out here in the real world, with an abundance of chores to do. Be it going to school or working at your day job, you truly do not have that much time to spend on Runescape. Therefore, it is important to use that little time to make your most out of your limited time on Runescape.

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