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3. Time and Money

“Time is like money, the less we have of it to spare the further we make it go.”


…Josh Billings



Manage your time and master your money, by Emilie B. Managing your money and managing your time are very similar.  Both leave you feeling like you don’t have enough and leave you wondering “Where did it all go?” 

• WHEN YOU MANAGE IT WELL, THERE’S MORE OF IT.

Money : Successfully managing your money requires a budget, one that you can work with weekly and monthly to stay on top of your spending and saving and track your income. 

Time : Managing your time is similar. Using a calendar or task list to stay on top of what needs to be done and what you’ve accomplished will help you stay productive. 

• THERE ARE LIMITATIONS.

Money : While you do continually replenish your money with new earnings, there is a limit to how much you currently have. Wasting it on things you don’t really need leaves less of it for the things you do.

Time : There are only so many hours in the day so you have to use them to the best benefit. Wasting them means you’re not as productive. 

• PRIORITIZING HELPS STRETCH IT FURTHER.

Time and Money : Prioritizing both your tasks and your spending allows you to accomplish more with what you have.  Prioritize what matters most. 

• PLANNING IS A MUST.

Time and Money : If you’ve ever lost track of time or that cash you withdrew from the ATM yesterday, you know that if you don’t plan you’ll end up wasting. Have a plan for how you will spend it. 

• WRITE IT DOWN

Time and Money : Make sure you don’t forget something important by writing it down. Keep a task list of things you need to accomplish each day and make a list of all bills you need to pay with your next paycheck.

• HAVE FOCUS.

Time and Money : Know your goals, both for your time and your money. Creating goals and staying focused on the end result you want to accomplish will make it easier to stay on track.

• REVIEW AND ADJUST.

Time and Money : Continually reviewing how you spend your time and your money as necessary to make sure it’s working for you. If it’s not, you can make adjustments to your budget or your schedule until you find the plan that fits just right. Managing your money and managing your time have a lot of similarities. If you’re able to be successful at one, carry those habits over to the other for even greater success.

Learning:

Manage your time and money wisely for a better tomorrow

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