Yes! All money is time, but not all time is money.
When someone tells you that "time is money" (which is usually a passive-aggressive way of telling you to hurry up), it's an insult to your very existence, because it shows that they view the scarce time that is your life as nothing but a tool for their own benefit at your expense.
Both are scarce (now that we have real money, #Bitcoin), but money is stored-up time and energy, while time can be stored in money or forever lost in the past.