Time Isn’t Money. It’s Far More Valuable!

You have probably heard the expression “Time is money”, which is often used in a business context to spur people to think wisely about how they use their time and to do quick mental calculations on whether there will be an ROI (“Return on Investment”) yielded for the time invested in something. I have even heard the well-intended suggestion of determining what you make per hour to determine how much your time is worth. You may determine that you make, say, $35 an hour, so the goal would be to delegate, defer, automate, or outsource the $10 an hour tasks so you can start thinking strategically about how to work on $1000 an hour tasks, for instance.

I would like to suggest to you that this is not the best advice in the long term. Can you imagine being on your death bed and wishing you had tackled more $1000 an hour tasks instead of $10 an hour tasks? The issue is not about money; it is about value and purpose.

I once talked to a man who owned several companies (and cars, and houses), and I asked him what it was like to have his life. We had this conversation on the balcony of his beachside mansion when I lived on the beach. I had been invited to this party by someone else, so don’t think I normally spend time on the balconies of beachside mansions. I remember him talking about how his life was ultimately unfulfilling. He had every material possession he could ever want, but he had begun to understand that what really matters is relationships.

What was this man’s time worth in monetary terms? $100 an hour? $1000 an hour? It is hard to say, but it was surely worth more than a stay-at-home mom not bringing in any money if we look only at the bottom line mechanics of the calculation. We know life is about much more than the bottom line, so why is it so tempting to mentally couple time and money when thinking of how we will spend our time in life?

I have the intention of using this site as a way of expressing useful “time management” and “productivity” strategies I’ve learned since having children. It became necessary for me to be much more conscious of my use of time when I suddenly found myself with so little of it to spend by myself, however I want. My intention is not to tell others how to get more stuff done in less time, however. We all instinctively know the difference between collecting a paycheck and working for a greater purpose. My goal is to use the gift of time I’ve been given wisely and to help others do the same.

Thanks for taking the time to read this, and I genuinely hope it contributes to your life’s purpose in some way.

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