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In a 2016 interview (1) on Bloomberg's The David Rubenstein Show: Peer-to-Peer Conversations, Warren Buffett said if there were anything on his bucket list, he would have done it already.

And it's not because he's thrown money at his dreams. It's because of his prioritization of another resource, which is just as important — especially for investors looking to join the seven figure society.

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"Money in terms of making trips or owning more houses or having a boat or something," Buffett said, adding that, "money has no utility to me. Time has utility to me."

On the surface, it might seem a trite piece of advice, but in practice — and over the course of a lifetime — having a handle on your time is essential.

Buffett was 86 and still working hard at the time of the interview, and chuckled at the idea of doing things many people his age do such as relax, play shuffleboard and enjoy retirement.

"They spend all week planning their haircut, usually," he laughed. "I get to do, everyday, what I love with people that I love. It doesn't get any better than that."

The business juggernaut admitted his greatest pleasures in life were running his business, making winning investments and, of course, spending time with his family.

He said he views his life-long enterprise Berkshire Hathaway "like a painter regards a painting — the difference being that the canvas is unlimited. There's no finish line at Berkshire and it's a game that you can continue to play."

Since then, Buffett has fully retired as CEO, but still sits on Berkshire's board.

Winning at the game of life doesn't necessarily mean you have to earn billions and run a business empire like Buffett.

Here are some other ways you can turn time to your advantage.

Money can buy you time

Buffett said "money has no utility" for him, but he understands how it does for the average American who might not want to work forever. After all, many take a "work to live" approach to employment not a "live to work" mindset.

If you save and invest your money wisely during your working life — by making the most of high-interest saving accounts, tax-advantaged investment accounts, like a 401(k) or an individual retirement account (IRA), and diversifying your investment portfolio with traditional stocks and bonds, alternative assets and (if you can afford it) real estate — you can set yourself up for success in retirement.