If you had to place a dollar value on your time, what would it be?
- $25 an hour?
- $50 an hour?
- $100 an hour?
- Maybe even $1,000 an hour!?
Your time is precious and very valuable, wouldn’t you say?
Have you ever felt that your time was being wasted?
Maybe you’ve been on the phone with someone who put you on hold to take another call. Maybe you were in the middle of a project when neighbor dropped by to “shoot the breeze.”
We are all familiar with these common distractions and time wasters.
Let’s suppose you value your time at $25 an hour. Now imagine throwing $25 down the drain every hour — that adds up!
If you think about it, you are doing exactly that when you waste time on needless activities. If you knew you were losing $25 an hour, would you continue to let your time dwindle away on unimportant activities?
Placing a dollar value on your time will help you determine what you are willing, or not willing, to spend time on.
Don’t sell yourself short; establish how much your time is worth and use that value to make decisions on how you will spend it.
Want a fun tool to calculate the amount of time you waste?
Check out this fun “Time is Money” clock.