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Are you always complaining that the 24 hours is not enough? Do
you find yourself always in a hurry? Do you wish to have more time? Time after
time?
Just like budgeting, time management is a chore. We have
many things to do in a day and many things to accomplish only to find out yet
again that the time we have is not enough. With that regard, we tend to sleep
late, have more unfinished projects and the cycle repeats by the day.
Time is one of the things we freely have. With regards to
money matters, time is money according to Benjamin Franklin. Hence, if you want
to be rich, or you want to burst into a song that is I wanna be a billionaire,
so freaking bad, you must use your time wisely. If we push into investments,
time is an ally. They would often persuade you to invest today, to invest now. Because
in due time after x number of years, the money that we had invested will yield
greater value, millions even. As such, it is important that we make a balance
between time and money. And even more, we use good time management to increment
our money.
So exactly how we should do this? Here are some helpful
tips.
Maximize your productive time
Do you have a particular time of the day where you feel you
are more energized? Do you have that time where you work so fast or you can be
able to catch up fast? That is your productive time. As such, use that
productive time to do work and maximize it. For instance, I for one am
productive early in the morning usually from 6AM to 9AM. I can write a 400 word
article in 20-25 minutes during that time. If I will write a 400 word article
at night, it will usually take me 2 hours. Knowing my productive time, I schedule
all writing commitments including my blog posts. It is with that I can be able
to finish a lot of tasks. And I always make an effort to wake up early just to
use that productive time of mine.
Say no to time
wasters
When you are not working what are you doing? Are you
navigating through your Facebook page? Are you clicking on a few friend’s name
and chat with them? I am not saying Facebook is bad. But if you spend like
three hours or four hours every day just to update your status, comment on some
posts and more on Facebook, then I will tell you, you are wasting your time. However,
if you earn from that wherein you manage your client’s Facebook page and you
are generating money on that time, then that is good! And which is better? Of course
the one that generates money while you’re at it. If you find yourself, idle or
doing things that cannot let you earn money, it would be best that you get back
on track and use it for more productive ventures that would let you acquire
money. You can still surf the web and go to Facebook but again, but don’t pour
much time in there to the point that you cannot be able to finish anything.
Awareness
When you are aware how you spend your time, you will efficiently
use it. A common time mistake that we are all guilty of is that we are not
aware. For instance, we do this work and that only to find out it is already
past six. Then we cram and finish things in a jiffy. If we know how much time
we left here on earth, we tend to maximize the remaining time and do more
things with our family and loved ones right? Because we know and we are aware. That
is what I am talking about. It is ok to be engrossed with what you are doing but
do not neglect time. Remember the more you pay attention to it the more
efficient and productive you will be.
Spend it like money
Money is so precious that as much as possible we don’t want
to spend it. Same goes with your time. As much as possible, nurture the time
that you have because you will never get it back. So be frugal. Invest in activities
that could help you improve your finances and your knowledge. Do not just
squander it to activities that will have no impact in your life. Find ways that
can help you generate money and invest your time in there.
Time is one asset that we must maximize. As much as
possible, we should always be doing things that can help us improve not only our
finances but also ourselves. Spend it to things that matter and spend it to
those who matter. So that when we look back, we can say, we spend our
time well and we didn’t regret every second of it.
P.S. To those doing the 52 Week Money Challenge and 52 Week Money Challenge Version 2, it is Week 4 already! Did you deposit the next amount yet?
P.P.S Want to know more about investing, savings, stock market and more, check out my reference here. You can download free ebooks and resources too.