Time and Money: How to Work Towards Having Both

Do you remember when you were a youngster running around with all the time in the world, but not a cent to your name? This glorious and rather limited lifestyle phase is what I call the All Time No Money Quadrant.

Oh how things change.

You finished school, maybe had a part time job, probably ended up at university, and all of a sudden, you didn’t have the same amount of time anymore. At least you were making good money, right? Well, not quite. This was early in your career and you probably didn’t have any money either. You were in the dreaded No Time No Money Quadrant.

All was not lost though, as then perhaps you put in a few years of hard work, rose through the ranks or built a successful business. Now you had ‘money’. Not all the money in the world, but enough to pay the bills and have some left over. You had enough to do what you wanted. Well almost. You would have if not for all the commitments and responsibilities you now had to fit into your weekends. Welcome to the No Time with Money Quadrant.

If only we could go back in time and ration out the extra time we had while we were younger, with the extra money we have when we are older.

Except we can’t. And so we are left with two options.

  1. Promote the idea that busyness is a goal in and of itself. Hold it as a badge of honor, as if the action of being under the pump was a true indicator of progress. Don’t think too much about never having enough time to enjoy yourself, and keep up the busyness facade.
  2. Avoid the trap of being busy and figure out a way to find that elusive Time With Money Quadrant.

Busyness creates a drop in performance in all other areas. It’s the classic spinning plates analogy. There are only so many you can spin until they all start falling down.

The main problem with coming to terms with busyness is there has been very little implementable strategies on how to avoid being busy. It’s often centred around being better with ‘time management’.

Telling someone who’s busy to be better with time management is like pushing water uphill with a rake. Firstly, thanks for your insights enlightened one. And secondly, put down that gardening tool, you’re achieving nothing with those rookie landscaping skills…

Dealing with busyness in modern day life has to be approached with certain nuances the generations before us had no experience in dealing with. There is officially too much to deal with in a 24-hour period, so the only option is to outsource.

Outsourcing not only frees up your time, but much more importantly, frees up your mind. This in turn creates a knock on effect. A snowball of better performance, which in turn – frees you more time. Because what I’ve found dealing with the finances of successful and busy people of the last few years is the best way to find more time is to crush what it is you do. The best way to do that is to free up your mind, and the best way to do that is to outsource as much as possible.

So what can you outsource?

What about relationships? Now, excluding those times when you would prefer to outsource your relationship to someone else, the idea of letting another person take your partner out for a date and some extra-curricular activities probably doesn’t sit to well with you. As such, I at least wouldn’t start here.

What about your job? I’ve read stories in the past of people actually achieving this, so unlike relationships, it appears there is some room for success, though I’m not sure your boss would like it too much. Hiring a lookalike is probably more expensive than you think, and what if they ruin that classy reputation you’ve built up since the small mishap at last years work Christmas party?

There is perhaps a chance you can change nothing, and simply force your head space to achieve better results. From research and anecdotal evidence, may I suggest one of two popular options? Get drunk. Or meditate every day. Both bring a stillness to the mind, but do differ in long term health effects.

If, after examining the options you decide none of these apply to you, then outsource your finances. Most notably, your cash flow with how you want your life to look today, and your investments with how you want your life to look in the future. Best of all, there is technology these days that will take care of this at a fraction of what you would pay for professional help.

Ultimately, the less you have to think about, the more you can concentrate on what you need to excel at – increasing your output, reducing the amount of time needed to achieve, and thus, giving you more time to spend on things that matter.

Like playing Pokémon GO at inappropriate times.