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Dollarizing Your Time?
Kent Jacobson, a.k.a. "Mr. Success"

Have you ever thought about Dollarizing Your Time?

Everyday we all end up waiting … waiting … waiting… so have you
thought about what this wasted time is costing you in personal
and professional productivity? Better than that, how about $$$$!

If you just stop and take a minute to figure out the amount of
wasted time you spend waiting that accumulates during your
typical day you might be shocked. Let’s be conservative but
realistic, the easiest way to do this is take along a little
notepad and just record you time in lines, car trips, breaks,
lunch talking on the phone, you name it. Here are the steps to
calculate the money you potentially loose due to wasted time.
Step 1. Decide how much 1 hour of your time is worth. Maybe you
think it is what you are paid by someone at work; $10, $20, $
100? I suggest to begin with keep this simple and figure out your
hourly wage against you current paycheck.

Step 2. Figure up the number of wasted minutes per 24 hrs, yes
include sleep.

Example: Time wasted
- 2 hrs driving to and from work (listening to music not being
productive) 
 - 45 minutes waiting in lines
 - 2 hours watching TV (morning news and news at night)
 - 1 hour on the phone to home
Total without trying = 5 hours and 45 minutes
My time = $35/hr

5.75 x 35 = $201.25!! * Hourly wage (x) Hours wasted = Wasted
money $/24hrs (day) 

Incredible! Ok, where did the money go or where will it come from
if I get back my 5.75 hours? This is a great question in which
you need to things figure out. What am I telling you this for? 

 If you are happy with a single source of income or your current
life as it is, do nothing.

If you are not satisfied, you can spend this time trying to stat
an online e business, create a product to sell, get healthier,
take self improvement courses, learn another language, read a
book, learn yoga to relax … maybe you need some down time
improving yourself, just do not waste it!

Look at my example; 2 hours a day I n the car, what if I got some
CDs to listen to on improving my vocabulary, or how to make money
on the internet (I did this), lean a foreign language series,
that is productive! 2 Hours watching TV, zero productivity, why
not formulate a plan to seek out a 2nd source of income?

 Time is the only boundry during the day you have no control of.
There are only 24 hrs in each and every day, however … you are
the only person in charge of choosing how to spend those 24hrs
being productive or wasted, it is within your control!




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