Archive for December, 2013

Here’s some ideas to help you value your time!

Posted in Balance, Leadership, Management, Organize, Planning, Self-management, Teamwork, Time management, Time management/Self-management on December 11, 2013 by Chuc Barnes

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If you believe time is money, as most people do, I’m sure you’d also agree that it’s a good idea to save as much time as possible, right? After all, why waste a lot of money?

Ok, now let’s do some math.

Let’s say that you earn $50 an hour (for talking purposes). This means that if you save one hour a day for every day of the work week, you’ll end up saving $250 in the week ($50 an hour times 5 work days in the week), right?

So if you save $250 in one week, it’s also obvious that you’ll be saving $1,000 in one month ($250 a week times 4 weeks in the month), correct?

Good for you. You’ve just saved $1,000.

Now let’s keep the math going.

If you save $1,000 a month, you’ll obviously save $12,000 a year for yourself ($1,000 a month times 12 months), correct?

Ok, you now are either agreeing with what I’m showing you here or you’re not agreeing.

If you are agreeing with me, notice that by saving one hour a day, you’ve just saved enough money to now hire a part time helper who you can pay $1,000 a month to help you get more done. (And, if you earn $100 an hour, you now just saved enough money to hire two people.)

If you are not agreeing with me, please tell me what’s wrong with the math I’m showing you here.

The problem with what I’m showing you here is not with the math. The problem is that time is not money. People say that it’s money, however.

So now let’s now apply common sense.

Time is not money. Time can’t be given to anyone. Time can’t be put in a bank. Time can’t be compounded and you can’t earn interest from time. And one other item: Time sure can’t be won on a game show.

Let’s face it. Time is not money. It’s your most valuable asset, however.

Time is your life.

I suggest that when you stop worrying about time and begin focusing on ways to create positive memories and experiences for your son, your daughter, your husband, your wife, your friend, your neighbor, your co-workers, your customers (and even for you) you’re making your minutes count. And isn’t creating meaningful memories and positive experiences what maximizes life?

Does this ring true to you? Please leave your comments here.

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