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Spending Your Time and Money

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Spending Your Time and Money

Today I sat down and re-read the LetterJ’s article at Lifehack.Community on Spending Your Time and Money. This is a great read – very easy to understand what is behind his theory. Thinking time and money in big picture/long term is the key. He mentioned two key things that caught my eye. Drop down what you do (time) and how you spend your money (money), and analyze what did you spend on time and money and see your priority. This is a good way to repriorize yourself. If you have written your value, mission and goals for your life, it will be good comparsion on this and see if it is on the right track:

… To REALLY see how important things are to you, take the tracking numbers and consider them in annual, 5 year, 10 year or longer terms. For instance, ordering pizza for delivery (an expense up for chopping out of the budget in our house recently) runs $20-$25 or so for us and we were doing that about once a week. It wasn’t causing any sort of financial strain, but came up in a periodic budget logging. It isn’t much compared to our mortgage payment, etc. However, looking at it in annual terms leaves you with the question: Is delivered pizza a $1300/yr (an entire HDTV’s worth) value? Worth more than my truck over 5 years? Worth $26,000 if we keep the habit for 20 years? …

If you haven’t read it yet, go and read it.

Spending Your Time and Money – [LetterJ @ Lifehack.Community]

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Leon Ho

Founder of Lifehack

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Last Updated on July 12, 2021

Lifehack Reviews: 50 Best Life Hacks for Your Life

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Lifehack Reviews: 50 Best Life Hacks for Your Life

Do you want to be as productive as many of us, but missed a lot of actions at lifehack.org during the year? We’ve selected the best 50 life hacks, based on their popularity and contents in different categories. Invest your time – read them. Bookmark this page and mark reading them as one of your new year resolutions.

Communication, Writing, Studying

  1. My Best Presentation Tricks
  2. The Business Card Game
  3. Persuasive Writing for Students, Webmasters, Bloggers, and Everyone Else
  4. 7 tips of handling your Emails without feeling overwhelmed
  5. Writing as a Form of Self Healing
  6. Advice for students: Writing by hand
  7. Yes, But Do People Like You?
  8. Writing – Just do it!
  9. A good place to study
  10. Blog your way through Writer’s Block
  11. 14 Tips for Communicating Ideas

Productivity, Creativity, Motivation

  1. 9 Top Secrets of Naturally Born Organizers
  2. Fight The Flab!
  3. More Fight The Flab!
  4. Limit Creativity, Get Innovation
  5. Precious Moments
  6. 5 Ways to Improve Your Productivity in the Office
  7. A Geek’s Best Lifehack
  8. What Kind of Paranoid Are You?
  9. Being A Creative
  10. There’s No Time!
  11. The Mysteries Behind Motivation and How To Manipulate Them
  12. Time Management: Handling Disruptions in Daily Schedules
  13. Productivity Hack: Write Mini Process Flows
  14. Design an Online Workflow

Management, Self-Management, Entrepreneurship

  1. Bare Bones Project Hacks
  2. The 10 Beliefs of Great Managers
  3. The Simplest Path to Success
  4. Letting Things Go
  5. Closet Entrepreneur
  6. Time To Discard The Portmanteau
  7. 5 Important Keys to Bootstrap Your Entrepreneurship
  8. The Most Underutilized Tool for Effective Communication
  9. Everyday Performance Reviews
  10. Meetings, @&!!$*@ Meetings!
  11. What Are You Worried About?
  12. How to Ruin Your Career In Five Easy Steps

Procrastination, Goal Settings, Life

  1. 9 Steps to Define your Goal Destination and Devise a Plan to Get There
  2. Pro-Active Steps to Prevent Procrastination
  3. Improve Your Life By Following A Schedule
  4. The Causes of Procrastination And How To Conquer Them
  5. How To Make Resolutions You’ll Keep
  6. Literal Life Hack: Cut your window of time in half
  7. New Year’s Resolutions and Deficit Thinking
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Are there any lifehacks that you’ve learned over the past year?

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Featured photo credit: Rainier Ridao via unsplash.com

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