Get A Effin’ Grip On Your Wasted Time ASAP
Posted in HowTo, Pimp Zen, Tweet This on 14. Sep, 2009
Let’s face it we are all guilty of wasting a huge amount of time. My problem is the people who constantly complain about how they have no time and are very doom and gloom about it and all the related issues that are causing them stress. I call these people “Psychological Vampires”. You know them, Hell! you may be one of them.
Some who name finances as the leading cause of stress cite major purchases they have to make, such as a home or car. Others are stressed by a loss of income, or mounting credit card debt. For some, financial stress will eventuate in bankruptcy. While college students stress over paying for an education, Baby Boomers and older senior citizens find that retirement income can be a major cause of stress. This madness has to stop now.
The number one reason for illness, divorce and suicide is stress. Most studies agree that finances are a leading cause of stress. In an online poll conducted in 2005 by LifeCare, Inc., 23 percent of respondents named finances as the leading cause of stress in their lives. Financial stress has led the list in many modern polls.
Some who name finances as the leading cause of stress cite major purchases they have to make, such as a home or car. Others are stressed by a loss of income, or mounting credit card debt. For some, financial stress will eventuate in bankruptcy. While college students stress over paying for an education, Baby Boomers and older senior citizens find that retirement income can be a major cause of stress. This madness has to stop now.
If money is the true root of all evil it is because we don’t seem to have enough of it. There are a billion and one books on how to get more money; however, most of them miss out on the easiest way possible stop wasting time. I find most people don’t respect how much personal time is worth. They don’t respect their own time value so in turn they don’t respect yours or mine either.
So how much is your time worth? Here is the magic formula:
1. Write down how much money you want to make next year.
2. Divide that number by 2,080, the number of typical work hours in a year
3. This is your hourly value.
4. Divide that number by 6, to get the value of each ten minute segment of your work day.
5. Own that value, Never disrespect it or anyone else’s version of it.
ie:
Let’s say you want to make a cool Hundy, $100,000 divided by 2,080 equals $48.07 per hour divided by 6 equals $8.01. For every ten minutes you spend on anything your are spending, wasting or earning $8.01. Remember that while you are gossiping, starting trouble, smoking or just phasing out when you should be working. You can’t get away from the time so we end up making it up on the weekends, during family time or not going on vacation. Now that is exactly how we get stressed.
Next time I cover this I’ll go over some good time savings tips and how to stay focused.
Posted via email from Doc’s BrainDump
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