MAKE MORE MONEY, HAVE MORE TIME, & FEEL AMAZING: Part 1





Categories: life, time management

”Time is money says the proverb, but turn it around and you get a precious truth. Money is time. ” George Gissing

The British novelist turns around the well known Ben Franklin quote “time is money,” and creates another truth. Believe it; if you have more money, then you can buy more time. More money also affords less stress, more freedom, and more options. A larger net worth frees one from the daily worry of having the resources to meet your expenses. And you can hire out to do the “yucky jobs,”

This article attacks ways to increase wealth, time, and overall contentment. Today, Part 1 tackles “Have More Time & Feel Amazing.” In a few days, Part 2 will reveal “How to Make More Money.”  

Ask yourself, could you do with a bit more money, time, and life satisfaction?

 

MAIN TOPIC: 3 Secrets to Increased Joy and More Time

Create life satisfaction, now. Take a minute to really focus on each point.

1. Be in the moment-What does this mean anyway? If you are truly paying attention to every activity in which you participate, then you are in the moment. It means while you are at work, your mind is not at home, and vice versa. This turns EVERY ACTIVITY INTO A CALMING EXPERIENCE. By focusing on the moment, you are avoiding worry, fear, and anxiety. Cleaning out the garage or paying bills can become relaxing when you are fully engaged in the task! When your mind drifts away, gently, bring it back. PRACTICE and it will get easier.

2. Is this activity giving me enough value for the time I am spending? Whatever activity you undertake is an implicit decision NOT TO DO SOMETHING ELSE. Make a conscious decision about how to spend your time. I am a morning person. I deliberately perform the activities that require the most mental and physical energy earlier in the day. That way, I use my highest energy time most efficiently.

Ask yourself this question every time you undertake any activity and you will learn to focus on your “highest value” activities.

Am I getting ENOUGH, fun, education, cash, relaxation, entertainment, or____________ (you decide) for the time I am spending on the given activity? You decide what activity is the BEST USE OF YOUR TIME AT ANY GIVEN MOMENT. Then, DIVE IN with all of your mental and physical resources.

3.  Did I incorporate lots of breaks into my work/activity? The research from one of my favorite books, Managing Your Mind; The Mental Fitness Guide by Butler and Hope informs that our effectiveness drops significantly if we work too long without a break. WOW, it’s kind of counterintuitive to think that more breaks leads to greater efficiency. In fact, work 20-40 minutes and then take a break. You will keep your mind fresh and get lots more done in less time! I practiced this tactic extensively one day with amazing results.

Practice these 3 steps, live more efficiently, and feel great.

Fine, you say, thanks for the efficiency tips: Where is the cash in this article?

 The MAKE MORE MONEY part of this series comes next. Stop back in a day or two for Part 2 and learn specific steps to increase your wealth.

ACTION STEPS:

Get a notebook and label it: “(your name) Personal Finance” and keep it by the computer. Use it to keep all of your personal finance goals, thoughts, activities, and plans.

  1. Start by being in the moment right now. When your mind starts to wander, bring it back into the present.
  2. Prepare for Part 2 with this Zen Habits article about finding your passion. If you do what you love, making money isn’t work, it’s fun.

RELATED ARTICLES YOU MIGHT ENJOY:

From BarbaraFriedbergPersonalFinance

Do you Need a Rolex Watch?

Are the Wealthy Really Happier?

Are you Already Rich-Part 1?

Are you Already Rich-Part 2?

Credit: Photo courtesy of Mariko

10 Responses to MAKE MORE MONEY, HAVE MORE TIME, & FEEL AMAZING: Part 1
  1. Roshawn @ Watson Inc
    June 3, 2010 | 1:11 pm

    Money is time is quite the revelation, and I don’t think I have heard it quite described that way before. Nonetheless, I do agree with your suggestions. I especially like the take brakes suggestion. I have found that it does increase my productivity, even though it seems counter intuitive.

  2. Barb
    June 4, 2010 | 9:04 am

    Hi Roshawn, Although all of these concepts are rather tough to practice consistently, the taking breaks is especially hard for me too. Once I get going, I have a tendancy to work til I drop; not a good habit! Thanks for the thoughtful comments. Barb

  3. Judi Miraglia
    June 5, 2010 | 12:57 pm

    I am not sure why bing sent me to this blog but I need to say I am now overall entertained by the comments you have patched together. How many month did it take to start getting that many people coming to your pages? I am pretty new to this WWW thing.

  4. Financial Samurai
    June 5, 2010 | 1:08 pm

    Hey Barb! You and I are thinking a long the same lines! I like your thought process here.

    We need mental and physical breaks to unwind indeed.

    Thanks for your post!

    Best,

    Sam

  5. [...] focus, and calm serenity were described. If you haven’t read it yet, check it out below, or here. Part 2 gets to the heart of the MONEY section of the series. Who doesn’t want more [...]

  6. Barb
    June 6, 2010 | 4:49 pm

    @Judi-I’m glad bing sent you here, and thank you for commenting. I started the blog 3 1/2 months ago. Problogger & Simple Dollar have some good tips for blog building.

    @Financial Samurai- So glad you stopped by and enjoyed the post. And of course, you are very smart since you think like me :) !

  7. Troy Briggs
    June 10, 2010 | 7:04 am

    Good morning Barb,

    This is my first time checking out your site (very interesting. I am so confused on what to believe or even how to evaluate my portfolio. With the international stuff going on, BP oil spill, government legislation, mid term election quickly approaching. I almost have a mindset of strap in, hold tight and hang on for the wild ride.

    Any thoughts????

  8. Barb
    June 10, 2010 | 4:17 pm

    Troy, Wonderful question. There is ALWAYS stuff going on in the world, & stocks & bonds will always go up & down. The best approach is this: don’t invest any money in the stock or bond market you need in the next 5 years. Then, choose an asset allocation (percentages in stocks, bonds, and cash)for your investment dollars in amounts that allow you to sleep at night. Keep in mind, stocks are more volatile than bonds, but also offer higher returns. If you can handle higher risk, keep more $ in stocks and less in bonds & cash. (& vice versa). Since this is such an important issue, I am going to devote an entire article to your question in the next few weeks.
    Stay tuned, Barb

  9. [...] whether it is worth the cost, TO US. On a recent trip to visit my parents, my mom offered to take us to a really fancy [...]

  10. dallas mortgage lender
    November 7, 2011 | 11:37 pm

    I like the idea of taking more breaks. This has been proven to be very effective. We may have probably wondered why some of the most productive people, be it in the workplace or in business, seem to be doing it so calmly, so easily, so relaxed. This is their secret.

    Andrew Clarke
    dallas mortgage lender recently posted..Buy a New Home with Little Down with the Help of FHA Loans

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