Benjamin Franklin, one of the Founding Fathers of America, was a scientist, inventor, politician, philanthropist, and businessman. He was considered a polymath who contributed to humanity in different ways. However, this saying comes from the times when the foundations of capitalist America were being laid. The materialist ideology necessitated that each individual’s time be measured in terms of money. This was seen as a sign of prosperity which is no longer valid since humanity could not derive lasting happiness from materialistic lifestyle.
Money is not a natural thing but imaginary value only in the perception of the human race. Time, on the other hand, can not be valued. Time as such is nothing other than the present and the present is always permanent and that alone exists. Money or time when not utilized to create a blissful experience between or with other human beings is wastage.