Bernie Anderson
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the blog

Current musings, whatever they may be. 

The Difference Between a Tool and an Asset

Tools get worn out. Outdated. Behindhand. Chipped blades and handles. Not enough processing power, not enough RAM.

My pen is out of ink.

So we have to make decisions based on economy and efficiency. Should I replace this tool now? Or should I wait? Do I have enough money to replace my laptop? Or do I make do with my laptop for now, and replace it next month, or next year? Or should I replace my pickax today because my work and income depend on this tool, and with a new pickax I can dig more ditches in less time and make more money?

A lot of people right now are asking the question, "Do I really need to upgrade my iPhone?" And these can actually be difficult questions. Walking a fine line between needs and wants and efficiency.

Here the thing every tool can be replaced. Every tool will be replaced, eventually. The brand new, shiny iPhone 10s will not be brand new and shiny in 2 or 3 or 4 years. It will be replaced by something newer and shinier.

Tools will be replaced because they are tools. They are not assets.

You only have one asset.

And taking care of that asset needs to be your first priority this weekend. Because it's invaluable, one-of-a-kind, and irreplaceable.

You are the asset.