Posts Tagged ‘time paradigm’

Ultimate Lifestyle Design: How Are You (Wasting) Spending Your Time?

Ulti­mate Lifestyle Design: How Are You Wast­ing Spend­ing Your Time?

Read Time: 6 minutes

As an avid Lifestyle Design fanatic, I have to admit, I have been bug­ging all of my Face­book and twit­ter friends about this topic.  I ask them, Which would you rather have? Time or Money? To which 99% reply, they’d rather have more TIME.

So my fol­low up ques­tion is, What is stand­ing in the way of your abil­ity to get more TIME? To which they all respond: Money or My Job.  So it seems to me that most peo­ple draw the con­clu­sion that inevitably TIME = MONEY.  But is this really true?

Retir­ing

As I write this post, my won­der­ful father will be retir­ing in less than a week after hav­ing “served” the phone com­pany for most of his adult life, 39 years to be exact.  Started as a line­man and worked his way up into impor­tant man­age­ment posi­tions.  I am so proud of my dad for mak­ing the deci­sion to retire.  They are finan­cially secure and will have their house paid off in less than 2 months! A mon­u­men­tal undertaking!

I said to him, “You know, you’re the last of a dying breed.”  He acknowl­edged and said that not many who retire after him will be receiv­ing a pen­sion and excel­lent ben­e­fits.  This rep­re­sented a major turn in our country’s work his­tory going from Defined Ben­e­fits (Pen­sions) to Deferred Con­tri­bu­tions (401Ks and the like).  I guess my dad was one of the lucky ones, but he cer­tainly did sac­ri­fice a lot to get to this reward.  But I do also know that part of him is ter­ri­fied, not because of the money, but NOW, what does he do with his TIME??

What will be my rea­son to wake up in the morning?

Kenz, [my dad’s nick­name for me] I just don’t know what my rea­son for wak­ing up in the morn­ing will be if I don’t go to work.”  Ugh! Just pulls at my heart strings, and of course, I men­tion 101 things he could do aside from he and my mother try­ing to kill each other for spend­ing too much time together.

Retire­ment depres­sion is so com­mon among new retirees, that AARP addresses this issue on their web­site.  Part of me is fear­ful that my dad will end up one of these sta­tis­tics.  These are some of the things that they men­tion that can curb retire­ment depression:

  • What do I want to do? (Go back to school? Be a gourmet cook or mas­ter gar­dener? Start your own business?)
  • Who do I want to do it with?
  • What resources do I have?
  • What resources would be avail­able in a new com­mu­nity if I choose to relocate?
  • How can I make this happen?

Now hold on a sec­ond… When I read this list, I was flab­ber­gasted!!  Why are we not doing this NOW? Why don’t we ask our­selves these very reflec­tive ques­tions today?  Do we have to wait until we retire old to ask our­selves these questions…especially this one:  How can I make it happen?

Oppor­tu­nity Cost

I recently read a great book by a won­der­ful Author, Tisa L. Sil­ver, MBA enti­tled The Time Value of Life.  Tisa was an esteemed finance pro­fes­sor at the Uni­ver­sity of Delaware’s Alfred E. Lerner Col­lege of Busi­ness and Eco­nom­ics, and unlike many pro­fes­sors, takes a dif­fer­ent (read: refresh­ing) approach in her view on money.  In her book, she looks at sev­eral fac­tors that play into the time value of money and then also explains why our time is so precious.

I obvi­ously agree with her argu­ment that, money is a renew­able resource and time is not, “Time can be spent but only money can be replaced” (Sil­ver).  And one inter­est­ing con­cept that relates to both time and money is “Oppor­tu­nity Cost.”  In money terms, if you invest in a bond or other invest­ment, you’re giv­ing up your money for a cer­tain period of time for some­one to use it, and you for­feit any other ben­e­fit that you may have received by using that money in other invest­ments (or to spend on yourself).

Time works the same way. There is an oppor­tu­nity cost to time.  When we spend our time being angry we are for­feit­ing our time that we could be using being joy­ous, happy, silly, or even indif­fer­ent.  Even more delib­er­ate than that, when we choose to spend our time doing what we feel is an oblig­a­tion rather than a choice; we for­feit our time to do what we choose.

So there are choices with how you spend your time, every minute you spend holds an oppor­tu­nity cost.  Where and how are you spend­ing your oppor­tu­nity minutes?

If Only’s and Once I’s

Do you do this?  Do you wish for some­thing so badly and then once you get it, the result did not make you feel the way you thought it would?

Sil­ver calls these fal­lacy state­ments, I call them “If Only’s and Once I’s”.  We have all been vic­tim of these state­ments.  I remem­ber my hus­band early in our mar­riage would say, “Once I become a police offi­cer then every­thing will be alright, and I’ll be happy…finally.”  Take a guess at what hap­pened.  Yep, he was the same per­son, no more or less happy!

Do you say this to yourself?

  • Once I get that really nice sports car, then I’ll feel good about myself.
  • If only I had more money then I’d be happier.
  • Once the kids get older, then I’ll have more free time.

Fal­lacy state­ments do not allow us to spring into action, instead we wait for the “per­fect tim­ing” of an occur­rence, or we wait for the occur­rence to hap­pen to us rather than go after it.  We give up our power to be present in the NOW when we use fal­lacy state­ments.  We would rather focus on wish­ful future events, rather than appre­ci­ate what we have in front of us.

How DO you Trade your Time?

I know what is true for me that I make a hor­ri­ble employee, and pre­fer entre­pre­neur­ship.  But I know a lot of peo­ple that LOVE their jobs and they make great employ­ees, this is how they choose to trade their time, for money, and I think that is won­der­ful!  I am not in the busi­ness to tell peo­ple to quit their jobs.

For these, the oppor­tu­nity cost is a fair trade.  They love what they’re spend­ing their time doing at work, and gladly col­lect money for doing it. In fact, time seems to breeze by, they feel free in their life, and they don’t nec­es­sar­ily feel their time is being sucked dry.

There are, how­ever, far more peo­ple that are mis­er­able, hate their jobs and the oppor­tu­nity trade off does not seem fair in their book.  So then what?

The Tim­ing is Never Right

You have options about how to spend your time, good and bad.  If you’re spend­ing it in a way that is not con­sis­tent with a fair oppor­tu­nity trade, then you have a choice to change it.  Some­times it seems impos­si­ble, but you do have choices.

One of my favorite reads, The Four Hour Work Week, by Tim­o­thy Fer­riss, tack­les this very issue of decid­ing when the time is right.  He describes the time he asked his mother about how she timed when she would have a baby, to which his mother responded, “We fig­ured we would do it at some point, the tim­ing is never per­fect to have a baby”.

I can cer­tainly attest to this one…and not just one baby, two!  My older son was a sur­prise pack­age when we least expected him, and our younger son came right before I was start­ing our mega ven­ture busi­ness.  The tim­ing was so wrong for both of them, but if I waited until it was right, I likely would have no kids!!  Yet I sur­vived and real­ized that my worst case sce­nar­ios never usu­ally manifest.

So with this in mind, are you wait­ing for per­fect con­di­tions to change?  Are you wait­ing for some­one else to tell you what to do you get your act in gear?  You can do it the Band-Aid method, make it fast, and let it hurt for a few min­utes until the sting­ing stops.  Or like jump­ing into a cold pool, it is numb­ingly shock­ing, but then you warm up to it.

Every Day Opportunities

While my dad was one of the “lucky” ones to retire with a pen­sion, he sac­ri­ficed a lot of time to get him to where he is at today. In fact my mom will argue that he was a work-a-holic.  He did not know any dif­fer­ent, it was in his pro­gram­ming.  He is now faced with a totally for­eign chal­lenge, and that is to learn to have, do or be what he loves!  Yet, what he did not real­ize all a long, is that he could have cho­sen that path every day!!

Which path are you on? One that mis­uses your oppor­tu­nity cost?  Or one to HAVE, DO and BE what­ever you desire?

Leave a com­ment below and let me know!!

Many adven­tures to you!!

Scan_Pic0002

Wheat Bread, Homework and TIME: LifeHacking for Moms!

“How do you do it all Maken­zie?  You must be so busy!!”

I hear this all the time when I encounter peo­ple.  Work­ing on two busi­nesses from home, tak­ing care of my hus­band (whom I might add is recov­er­ing quite nicely and doing a great job at this point of tak­ing care of him­self!), and shut­tling the kids to and from school.  Home­work, base­ball, play dates, lunches, din­ner etc…!

It doesn’t really seem that over­whelm­ing when I am going through my day–well most days.

A LifeHacker’s Views on Time Management

It all starts with my morn­ing, I am not a morn­ing per­son typ­i­cally, so I “roll” out of bed around 0730, pray­ing that my hus­band has been able to make his way to the kitchen before me to put on my morn­ing “heaven” (aka cof­fee.)  Morn­ing really sets the tone for the rest of the day for me.  This is the part of the day that I have to really be present, to focus my ener­gies, to align with the stars, to regain my Chi.…and ALL of it!  Because if I ALLOW my morn­ing to go bad, then quite fre­quently I have a hard time get­ting in front of my day.

The con­cept of Time is a funny one to me, because some days just seem to go by so quickly and some are a mean­ing­less mess and drag out for­ever!  Yet, Time always Feels in my favor, when I have a chance to get my energy AHEAD of TIME.  Makes sense or no?  If I can be present in the NOW, slow down my “reac­tion speeds” and work on my “proac­tion” speed, then it seems like Time is on my side.  ProAc­tiv­ity vs. ReActivity

Of course part of this proac­tion speed is defin­ing my day! I define my day on sev­eral levels.

  1. How do I want to FEEL today? What do I want my energy to be like?  Do I want to be a pissed off, angry mom?  Or do I want to be a happy, joy­ful, peace­ful, fun mom?  (I choose the lat­ter because it is more fun!)
  2. What do I want to DO today? And for some this seems like a ridicu­lous ques­tion because you HAVE to do so many things.  So let me point you back to the idea of Proac­tion…  When you choose to do some­thing, you allow your­self to feel proac­tive, it’s your choice, it’s your deci­sion! Yay!  When you feel that you HAVE to do some­thing, you’re react­ing to out­side influence…and well 99.999% of the time you’re the only one that can make the choice for YOU!!  So are you being respon­si­ble for your choice, or are you giv­ing up your power of choice?  Think on this for a lit­tle while.…
  3. What do I want to BE? This can be such a broad state­ment, but often I chose to be inspired, to be fun, to be happy!!  I also chose to BE a MOM, to be an Entre­pre­neur, to be a Run­ner.…  I get to choose these things every­day!  What do you choose?

A few sim­ple steps to align your Mind with Clar­ity and good energy will allow you to get ahead of TIME!

freedomventure(PS — I also do this trick, that was rec­om­mended by Zig Ziglar that on days when I roll out of bed and feel just cruddy, I jump up and down 10 times, laugh and say “This is the best day of my life!” “This is the best day of my life!”.…then I look in the mir­ror and say “I’m talk­ing to you–turn that frown upside down!”  It is so ridicu­lous, but it’s a fan­tas­tic pat­tern inter­rupt!  Works!!)

I don’t know if you rec­og­nize that a lot of my posts are about get­ting your MIND and your ENERGY in the right spot.  Lit­tle of it has to do with how much time or effort I put into cer­tain tasks.  I used to be that very task focused-driven person.…but it didn’t work for me, I was a mis­er­able mess!  So I had to try some­thing dif­fer­ent.  Focus­ing on my thoughts before focus­ing on my actions was the BIGGEST dif­fer­ence.  IT works…no bull­shit here!

Two more “No Bull­shit” Life­Hacker Tips:

The best Wheat Bread on this Side of the Mississippi:

This is the EASIEST bread recipe I have found.  You have to do it 2 or 3 times until you find the rou­tine, and you will be ask­ing why you spend so much on bread at the store!!

  1. 1 cup warm water
  2. 1 Table­spoon Milk
  3. 2 Table­spoons oil
  4. 3 Table­spoons Honey (I usu­ally add more!)
  5. 2 Table­spoons Brown Sugar ( I some­times sub­sti­tute Molasses)
  6. 1 tea­spoon Salt
  7. 1–1/2 cups all-purpose flour
  8. 1–1/2 cups whole wheat flour
  9. 2 tea­spoons instant active dry yeast.

1. Com­bine Ingre­di­ents #1-#6 in a large mix­ing bowl, stir.

2. Add flours and yeast, and knead (turn on the kitchenaid mixer) for 10–15 min­utes.  Dough should be smooth and elas­tic.  Place dough in a greased bowl, turn­ing once to grease top.  Cover with plas­tic wrap, let rise in warm area (usu­ally above the refridger­a­tor or oven works well.)

3. Punch down dough; knead for a few min­utes until smooth then form into a loaf.  Place in a greased loaf pan and cover.  Let rise again until dou­bled, about 30 min.

4. Bake at 350 for 30–25 min­utes.  Remove when done and allow to rest in pan just for a few min­utes (any longer and it starts to sweat!)  Easy peasy!  Enjoy!

HOMEWORK!!

I don’t know about you, but my biggest bat­tle with home­work is try­ing to just get it done!!  How many times have I asked him?  Is it done yet?  Finally I was exas­per­ated by my attempts to fin­ish it the night before it was due (for us, it’s a Wednes­day!) and I thought, well, I will do what many com­pa­nies do when they want the job done ahead of schedule…factor in BONUSES!!

So his home­work sched­ule looks like this:

Home­work comes home on Fri­day due on Thursday.

If it’s com­plete by Mon­day — $3 bonus.…

If it’s com­plete by Tues­day — $2 bonus.…

If it’s com­plete by Wednes­day $0!!!

Why $0 on Wednes­day? The goal was to get him to com­plete his home­work before crunch time, so now he’s self-motivated to com­plete his home­work on Mon­day or Tues­day.  He doesn’t have to do it over the week­end, and he gets to choose when he wants to do it.  Either choice has an impact, but it’s ulti­mately his choice!!

Thanks to all of my read­ers who so gra­ciously fol­low along with my posts!  You inspire me every­day to make great posts!  Feel free to drop me a line and make com­ments!!  Many Adven­tures to You! ~Makenzie

Honoring your most valuable asset: Your Time

In a pre­vi­ous post, I dis­cussed my fer­vent pas­sion about pro­tect­ing my time after I real­ized that our time here is so lim­ited.  And as we go into the New Year, I plan to fur­ther empha­size how impor­tant I really feel like this idea is.

I first wanted to share a life les­son that I encoun­tered early.  I know that most peo­ple have expe­ri­enced friends or fam­ily mem­bers that have passed away at some point in their life and I have too.  But one per­son that affected me greatly, was a per­son that I didn’t even know.

A Hard Les­son at 21

I was 21, and it was Thanksgiving-eve.  It was another shift on my para­medic intern­ship, and I was respond­ing to a call for a “man down”.  We got these calls occa­sion­ally, and usu­ally it was a tran­sient passed out on the cor­ner.  This call was about 11:30 in the evening and it was rain­ing and cold out­side.  The call was for a man down in the street.  We drove around in cir­cles for close to 15 min­utes at the loca­tion of the described area.  We couldn’t find him.  Then we saw a bystander wav­ing us down.

In the mid­dle of the street there was a young man, face down, he appeared have been skate­board­ing and fell.  He didn’t appear injured except that he was not respond­ing and his breath­ing was very irreg­u­lar, he also was lay­ing in a pool of vomit.  We had to put a breath­ing tube into this throat to help him breathe bet­ter, bystanders said he had a dog with him and was walk­ing his dog.

We did what we could med­ically to help him and trans­ported him to the near­est trauma room.  He died later of a mas­sive brain injury.  He was 25.  My fiance (soon to be hus­band) at the time was 25 too…they looked the same. That really both­ered me.  I don’t even remem­ber the man’s name.

You don’t expect at first to be asked to try save some­one your age when you are that young (and fail).  For me, still in my early for­ma­tive years, it was a hard and fast les­son:  LIFE IS SHORT.

Up to then, I had only seen old faces pass away. Since then, I have seen faces of all ages leave.

Read the rest of this entry »

Hi I’m Makenzie!







I just walked away from a six-figure income to pur­sue the two most impor­tant things in my life:
1. Time with My Fam­ily
2. Time for Adven­ture.

I’ve done this all with­out sac­ri­fic­ing our qual­ity of life!!
I’m redesign­ing my life to recap­ture what’s really impor­tant, and I want to teach oth­ers to do the same!
Won’t you join me on this adventure?
Follow Me
Want More Success and Insider Tips? Try My FREE Weekly eZine!

Just Arrived!! Your FREE Report as an added bonus to subscribing:

Building a Business Empire: Zero to MultiMillion!

Why not?
What have you got to lose?


powered by MailChimp!
Subscribe

Want to become an adven­tur­ous mom too? Or don’t want to miss out on a sin­gle arti­cle? Sign up for my email feed here!~:

I promise your email address is safe with me, I hate SPAM as much as you do!
Deliv­ered by Feed­Burner

Get Adobe Flash playerPlugin by wpburn.com wordpress themes
SEO Powered by Platinum SEO from Techblissonline