On... Time Management

This blog was created to write about financial matters. This months topic however is about time. Its because time is money.

Time is the most important asset any living person can have (at least until humans figure out immortality). If we spend so much time on planning financial matters, shouldn't we also spend a lot of time planning how to use our time?

Where did all my time go? Isn't that a familiar question? Sometimes I feel like my day passes just like that and I wonder if I have spent my time wisely (more on this in another blog post). How can we judge our time usage if we don't have some sort of plan or guideline? So, I set out to map out how my time is spent, made some adjustments and came out on what I think is an acceptable and balanced time management.

From my perspective, this pretty is "balanced". With 31% dedicated for rest, 33% dedicated for Work and 35% dedicated for Fun. Of course, it depends on how you classify things but I'm happy with what I got. The elephant in the room of course is there is no element of health in this Time Management process. That would be something I have to look at, at a later point in time (hopefully sooner rather than later) and optimize for.

Why was this exercise important for me? Prior to mapping out my timetable, I spent more than 4 hours per day on Discord. And I wonder where all my time went? Now I have cut it down roughly to 3 hours per day, which is 13% of my time. Arguably that is still on the high side (although being in Discord is partly research), and 2 hours would be more of an acceptable time frame. 

In the end, its not about over optimizing how I spend my time, but I should at least have a rough guideline. If nothing else, if I'm more than 3 hours in Discord.... I know a red flag should be raised.