Manage Your Time as You Would Your Money

Read more about: Featured, Time Savers, Time for Myself, Work-Life Balance

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The older I get, the more valuable my time is to me. When I was a kid and even a young adult, time was as abundant as the spare change accumulating in the water jug by my Dad’s desk. Any time I misspent was no more costly than a penny dropping out of my pocket.

Now that I’m a work-at-home mother of three, my time is worth my weight in gold and I protect it as fervently as a security guard at Fort Knox!

To ensure that my time is well spent, I manage it as I would my money.

clocks

Save Time

I save time both personally and professionally. Personally, I pay a housecleaner, pre-order school supplies and upload my photos directly to albums. Professionally, I save time by multi-tasking, maintaining an organized office, and a typed to do list with daily, weekly and monthly tasks so when I sit down to work I don’t waste time deciding what to work on.

Invest Time

I invest my time in personal and professional endeavors that will pay dividends in the future. Personally, I invest my time in ways that will benefit my family in the short-term and long-term. These personal investments include reading to my children, letting my kids play travel soccer, volunteer work, exercising, attending mass weekly, and seizing the moment with my hubby. Professionally, I invest my time in promoting my business, providing good customer service and building a community.

Budget Time

When it comes to time, we typically don’t say “budget.” Instead we say “schedule” or “manage,” but the premise is the same regardless of which word you use. Whether it’s time or money, it is essential to keep track of how you’re spending it to make sure it is being spent properly. While I use a spreadsheet to manage our budget, I use a color-coded calendar to manage my time commitments. (An online calendar for professional activities and an offline calendar for personal activities.) The different colors enable me to assess how I am spending my time and to adjust if needed.

calendar

Spend Time

Time, like money, shouldn’t be hoarded like Ebenezer Scrooge, it should be spent wisely! Professionally, I like to spend my time writing, researching and networking. Personally, the best time I spend is with my family going on outings, vacations, and just hanging around the house playing games. On days when I’ve spent most of the day playing and not working, I don’t consider it wasting time, I think of it as splurging! Every now and then it’s okay to splurge with money and time. That’s why we have Disney World and Godiva chocolate! :)

Find Time

Finally, finding extra time in my day fills me with the same kind of glee as when I find a $20 bill in the pocket of a coat I haven’t worn in six months. For example, I’m always thrilled with unexpected cancellations like when soccer is rained out. While I love going to my daughters’ soccer games, an unexpected night off is truly a precious gift. Time is a valuable commodity and should be treated as such!

Read more about Featured, Time Savers, Time for Myself, Work-Life Balance

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Comments

1. On July 9th, 2008 at 11:09 pm, Brandie said:

Shannon,
Great post! I also use lists of tasks for each day of the week (although occasionally I ignore them and take the day off). I too color code my calendar, although I have one calendar for my entire life work and personal. I get overwhelmed with too many tools and splitting things up, so I keep it simple that way.
I love the idea of treating time like money. Great post! :)
I’m off to spend my evening time relaxing….

2. On July 10th, 2008 at 11:31 am, DAD said:

You are a great example of Belief in Balance!
Love DAD

3. On July 10th, 2008 at 9:54 pm, Daisy said:

My husband likes to say that Time is Supermom’s Kryptonite. He tends to bring it up when there is too much to do and not enough time in which to do it.

Daisys last blog post..role reversal

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