Time management exercises are important to maintain perspective and ensure you spend your time wisely.
Time is money, so this is valuable information that will provide some clarity to just how effective you are using your time.
Whether or not you've heard the old saying "time is money", the chart below will give you a whole new perspective on the value of your time.
The first of our time management exercises shows you what your time is worth by the hour and by the minute based on 244 eight-hour working days per year (assuming a five-day work week less vacation and holidays):
|
IF YOUR ANNUAL EARNINGS ARE: |
EVERY HOUR IS WORTH ROUNDED TO $): |
EACH MINUTE IS WORTH: |
|
$10,000 |
$5.00 |
$.09 |
|
$15,000 |
$8.00 |
$.13 |
|
$20,000 |
$10.00 |
$.17 |
|
$25,000 |
$13.00 |
$.21 |
|
$30,000 |
$15.00 |
$.26 |
|
$35,000 |
$18.00 |
$.30 |
|
$40,000 |
$20.00 |
$.34 |
|
$50,000 |
$26.00 |
$.43 |
|
$60,000 |
$31.00 |
$.51 |
|
$75,000 |
$39.00 |
$.64 |
|
$100,000 |
$51.00 |
$.85 |
What time management exercises like this point out is how important it is that we clearly understand the true monetary worth of our time. Once you understand how valuable your time is, you will be more apt to set better goals that pay higher dividends.
Time management exercises help you do this by giving you:
The second of our time management exercises provides a quick list of time-sucking activities, which will assist you in avoiding the most common time management pitfalls.
Controling Time Wasting Activities
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Another key point of time management exercises is to gain leverage on yourself by telling others what you are committed to doing. Making a public statement to friends and family about how you are committed to spend your time will assist you in staying true to your goal.
We hope you’ve enjoyed these proven time management exercises and that you have a better idea of why and how you can stop wasting time. Apply these new tools and watch the time fly as you achieve more than ever before!
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Time managment today is more than using that old paper planner your parents used. Time management is also a state of mind and a life long journey of success and new experiences.