Focus Less on Net Income and More on Net Time

We’ve all heard the phrase before. “Time is money.” When I was much younger — single and without children, of course, money was tight, but time was plentiful. And life was good.

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[{"selector":"#anim-84b39d40-dc3c-4c72-a37c-734012de12fc","keyframes":{"opacity":[0,1]},"delay":0,"duration":2400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7689d7f2-6e06-456e-acf9-bf89b3fc3ca7","keyframes":{"transform":["translate3d(0px, -99.4978%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] We seem to focus our efforts so heavily on our net income, but how many of us give that same energy and thought when it comes to our time. Sure, we all have the same gross time, 24 hours or 1440 minutes a day, but how much net time do you have? Read More

This is the time you have left over after chores, obligations, commuting, necessary sleep, eating, working, and other things you don’t enjoy doing. What remains is time that you can spend doing whatever you choose.

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Focus Less on Net Income and More on Net Time

Focus on Gaining Net Time

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In my opinion, this solution is not sustainable. Instead, think about being more efficient. Think about how to reduce those things that cut into your net time. Let’s consider each of these.

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One of my favorite books that talks about the concept of net time is The 4-Hour Workweekby Tim Ferriss. Are there things in your life that you could automate or outsource? Here are just a few examples.

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As a family, we tend to buy the same things every trip to the supermarket or to Costco. With a growing family, we go 1-2 times a week, each time taking an hour all-in.

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Set up automatic payments for everything and move on. Yes, I understand it’s important to review your credit card statements, but we look at it once briefly every month.

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Focus Less on Net Income and More on Net Time

We’ve all heard the phrase before. “Time is money.” When I was much younger — single and without children, of course, money was tight, but time was plentiful. And life was good.

This is the time you have left over after chores, obligations, commuting, necessary sleep, eating, working, and other things you don’t enjoy doing. What remains is time that you can spend doing whatever you choose.

Focus Less on Net Income and More on Net Time

Focus on Gaining Net Time

In my opinion, this solution is not sustainable. Instead, think about being more efficient. Think about how to reduce those things that cut into your net time. Let’s consider each of these.

One of my favorite books that talks about the concept of net time is The 4-Hour Workweekby Tim Ferriss. Are there things in your life that you could automate or outsource? Here are just a few examples.

Automate and Outsource

As a family, we tend to buy the same things every trip to the supermarket or to Costco. With a growing family, we go 1-2 times a week, each time taking an hour all-in.

Shopping

Set up automatic payments for everything and move on. Yes, I understand it’s important to review your credit card statements, but we look at it once briefly every month.

Paying Bills & Tracking Finances

SWIPE UP NOW TO READ MORE

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