Time management and money management strategies share intriguing commonalities. Examine the parallels so you can take full advantage of new insights. By utilizing the questions below to explore your personal relationship to time and to money, you can reach your goals more effectively.
Create an overview of your progress, your challenges, and your potential by jotting down quick answers for each topic:
Time Management Questions:
1. What do I always get done?
2. Where does time get away from me?
3. What interferes with my completing certain tasks?
4. How much more time during the week do I need to handle essentials?
5. What openings in my schedule can I create to enhance my progress?
Money Management Questions:
1. What expenses do I always meet?
2. Which purchases place a strain on my budget?
3. What do I do without, and how do I feel about it?
4. How much more money do I need every week to cover high priority expenses?
5. Where can I economize to set aside money?
Use Journals to Build Your Plans
Your initial responses tell you a lot. Documenting how you use your time and money will enhance your overview. Keep track of your time and money choices in separate journals for 2 weeks, and focus on creating an accurate overview of your current patterns. Don’t try to make changes at this point.
Next, review the answers to your time management and money management questions. Your answers to these questions create a clear picture of your patterns. What are the similarities between your time choices and your money choices? What are the differences?
Now use what you learn to create a powerful set of images to inspire you. What exactly do you want to do with the time and money you access? Clarifying your motivation will help you develop new systems and stick with them.
Strategize for success by starting small, and let each success serve as a stepping stone for your next move forward. If you can build incentive by linking a new time choice with a new money choice, that is ideal! For example, if you want to pay for online training to advance professionally, and also need to set aside time to learn the material, try to work these goals in tandem. By paying for the course in installments, it clears the path for learning.
So, what is your next step to making more effective choices with your money and your time?© Copyright 2009 Paula Eder, Ph.D.