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Sales Aid #3: The Time Budget
Helping you to list all of your time commitments
Too much to do – and not enough time to do it! A common lament of today’s financial professionals. The question is: what can be done about this apparent dilemma?
The Time Budget, a variation on a financial budget, helps you list all of your time commitments and then performs a simple arithmetic total.
Recognizing that there are only 168 hours in a week (and that’s not going to change anytime soon), The Time Budget gives you a realistic picture of what you have actually committed to achieve. It’s then up to you to prioritize your activities to do what’s most important in your life. No calculations required, just fill in the blanks, and add up your tab.
Determine what is most important to you
By generating an accurate picture of your total time commitments, you will have an opportunity to assess what is important to you. Because we are often unaware of all our time commitments, we find ourselves missing deadlines, working too many hours, and suffering unneeded and unwanted stress.
A time budget can be a dose of reality that reveals that we cannot burn the candle at both ends without suffering unwanted consequences.