Tips to Put a Value on Your Time

Tips to Put a Value on Your Time

Tips to Put a Value on Your Time

There is a famous adage that time is money. There is no doubt that time is priceless and no one can put a price tag on it. However, it would not be wrong to say that we do set aside a portion of our time to sell to others and accept a certain price for it. Yes, we are talking about livelihood. One does a cleaning job and other works as a solicitor and for each task a price has been set that one has to get for its services.

So, here we are going to tell you how to calculate the worth of your time. Use your employment rates as your benchmark and calculate you hourly rate. What you need to do is to count the total number of hours you work in a week. Divide this figure with your weekly wage. For instance, if you work 15 hours in a week and your weekly wage is 97.50, simply divide 97.50 by 15 hours and you will get 6.50 per hour. This is quite easy to workout what you are actually getting for an hour. No matter what your job is, you can calculate your hourly wage through this method.

Although, it seems little weird to put a price on your time this way, it actually helps you to find out that how much of your time you are putting in a good use and how much of your time is wasting.

Once you get yourself aware of the monetary value of your time in this way, you become more conscious about spending your time in a more productive tasks rather than spending it aimlessly. It is always important to manage your time in a right manner. Keeping a check on your time doesn't mean to make yourself a workaholic, such as give up all your leisure time and work round a clock. Leisure time is as important as work. Valuing your time is all about managing your time in a right way. A good balance is required between your working routine and your relaxing time. Of course, everyone needs sleep, time to relax and periods of leisure where one can watch television, going for a walk or partying with friends.

This is all about realizing the true worth of your time. By doing so, you will become aware of the worth of your time and you will avoid wasting it in useless activities. Always ask different questions to yourself such as what you are doing is of any worth? Are utilizing your time in a best possible way? Are there any ways to spend your time in a more productive way? These questions will help you to find out the true worth of your time.

Putting a value on your time is not at means to do a job or something like that. It is something to quit useless habits like sleeping all day along in your leisure time and doing nothing. You can do your household chores like fixing the lock, cleaning your room or house, cutting the grass etc.

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