{"id":6226,"date":"2022-09-16T03:00:00","date_gmt":"2022-09-16T08:00:00","guid":{"rendered":"https:\/\/www.kerryaclark.com\/blog\/?p=6226"},"modified":"2022-09-15T09:15:41","modified_gmt":"2022-09-15T14:15:41","slug":"budgeting-your-time","status":"publish","type":"post","link":"https:\/\/www.kerryaclark.com\/blog\/budgeting-your-time\/","title":{"rendered":"The Concept of Budgeting Your Time"},"content":{"rendered":"

Making a Plan for Your Time

<\/strong>Budgeted Time – Part 3
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Time is the one thing we can not manage. The root problem of time management is the myth that one can even manage time. You have what you have and nothing more. In fact, you can\u2019t add more time to your day nor can you subtract any. The famous words of Jesus go a little like this, <\/span>“can any one of you by worrying add a single hour to your life?”<\/span><\/i> [1]<\/sup><\/span>Obviously the answer is no. You can\u2019t give someone your hours and you can\u2019t save them in a time-bank. What we manage is how we budget for our time?<\/span><\/p>\n

In this installment, we will define what budgeting time is and relate it to how individuals budget money or their financial resources. For budgeting our finances, we use a budget. For budgeting time, we use our calendars.<\/span><\/p>\n

\"\"In budgeting time one must ask the question, <\/span>what am I to do with the time that I have been given?<\/strong> Well, that\u2019s where a calendar comes into play and what sets the successful person apart from the unsuccessful. It\u2019s what makes a normal person become exceptional. Everyone budgets their time in at least two ways: a clock and a calendar. We will focus on the calendar in this section.<\/span><\/p>\n

\u201cThe key is not to prioritize what is on the schedule but to schedule your priorities.\u201d ~ Stephen Covey<\/span><\/em><\/p>\n

While the average person doesn’t think of their calendar as a place to store data, it does. It stores your budget for how you use time. The question then becomes how well are you budgeting your time. Is your calendar empty, too full, overlooked, ignored, or neglected? How you view your calendar is a direct reflection of the condition of how your time is spent. Are you in overdraft with your time? Do you have too much time on your hands? Which indicates one isn’t investing one’s time. Just like people who don’t track their expenses and spending habits, most don’t track their time and how they spend it. The calendar tells you when everything is to be done.<\/span><\/p>\n

Time Budget: Make a Plan for Your Time
<\/strong>The word budget and budgeting implies finances. In fact, it means to make a written plan for your finances. In the same way, budgeting when it comes to time, implies you’re going to <\/span>make a written plan for your time.<\/strong> What’s interesting is we have this popular phrase, “time is money” yet we don’t consider budgeting our time like we do our money. Before we get into the specific action of how to make this written budget, allow me to give you a few similarities between budgeting money and budgeting time. Most people spend more than they earn. In the same way, most people believe they have more time than they actually have in any allotment. To gain control of one’s spending of their financial resources is quite difficult. In the same way managing the time one has is difficult. In either case, the normal person overestimates how much time he or she has and underestimates how long it takes to perform tasks. The average person underestimates how much something costs while overestimating how much he or she actually possesses. I like to say it this way. We round up when it comes to how much money we have and round down when explaining how much we owe. Notice how often I say, “average, or normal.” As you know this content and more specifically this concept isn’t for normal people, but for those trying to escape the trap that normal has placed us in when it comes to time. Regardless, budgeting time is your way of seeing on paper how you spend and will spend your time.<\/span><\/p>\n

Your Time Budget Consists of…<\/strong><\/p>\n