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!!

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.
- 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!)
- 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.…
- 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!
(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 cup warm water
- 1 Tablespoon Milk
- 2 Tablespoons oil
- 3 Tablespoons Honey (I usually add more!)
- 2 Tablespoons Brown Sugar ( I sometimes substitute Molasses)
- 1 teaspoon Salt
- 1–1/2 cups all-purpose flour
- 1–1/2 cups whole wheat flour
- 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.
