It’s nearly always either or, and applies to every area of life – work and personal.
Take starting a business for instance. There are many ways to do that: bootstrapping (when you don’t have any/little money), fundraising, funding it yourself and hiring all the people you need, and many permutations in between.
The more money you have to spend, the less of your time you’ll need to spend as you can basically hire others and tools to do the things you otherwise would have spent time on.
So the opportunity cost of your time is money and vice versa.
Which is more important to you depends on many variables, including your current financial situation.
So if you don’t have money, you’ll basically need to put in the time, hard graft and hustle is the name of the game then.
What doesn’t work is trying to have your cake and eat it as well. You can’t get something for nothing. If you don’t have the financial resources and don’t want to put in the hard work and time into your project – you can’t then complain that you’re stuck and not getting any results.
As you sow, so you reap.
So you have a decision to make, if you haven’t made it already that is – what is it that you want, and which one of the two resources are you going to commit to it?