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> Get Articles > Time Management > Time and Money

Time and Money


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Doris Dobkins
dorisdcreativefinances.com

Creative Finances
http://www.creativefinces.com


Time and Money



My 7 year old daughter has a schoolbook called "Time and

Money". The book is divided into two parts (just as you might

think). The first section covers learning to tell time. The

second section covers learning to count money.



50 years later, most people are still struggling to count

their money and manage their time. Why is this so? Didn't

they learn to do so in the 2nd grade?



Time is a limited resource. We have 24 hours in a day, 7 days

in a week and 52 weeks each year. Who and what determine how

we spend our time? How can we maximize the time we have?



Money as well is a limited resource. We may have a weekly or

monthly paycheck. We make so much money each pay period, get

taxed so much and take home so much. What do we do with the

money that we take home? How do we spend it and how can we

maximize it?



Tough questions or easy questions? You tell me!



If you know your values and what is important to you and let

those values control your time and money, you are the lucky

few. For the rest of us, we allow circumstances and

situations to control our time and money.



What are some practical things you should do in an effort to

better manage your time and money?



Take a look at all you buy. See where your money is going.

Budgets aren't for the poor. The wealthiest of all people

have them. They want to know where their money is going. It

doesn't restrict their spending but rather makes them

educated spenders.



Once you know where your money is going, compare it to your

list of values. What's important in your life? Where do you

want to spend your money? What areas of your budget will you

need to sacrifice to have enough for the other areas that are

the most important to you?



Now add in the time aspect. Everything you buy costs you not

only money but also time. "Things" take time to assemble,

repair, maintain and use. So before you purchase something

that you might not really need, analyze it from the

standpoint of time. Is the time this product requires worth

the trade off? If the answer is no, then don't buy it.



Time and money are two of the most important resources in

your life. You can either have them work for you or you can

spend your life working for them. It's your choice!



*** ~~~ *** ~~~ *** ~~~ *** ~~~ *** ~~~ ***



By Doris Dobkins,

Author of "Financial Freedom A-Z Home Study Course"

and publisher of the FREE weekly ezine $mart Money New$.

To subscribe, send an email by clicking on this link --

mailto:join-smart_money_newsnova.sparklist.com

or sign up at her web site: http://www.creativefinances.com





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