From time management to money management

In the sitcom “The Big Bang Theory,” the genius Sheldon says something classic about money: All your problems can be solved by making more money.

Punsters full of imagination change this sentence to most of life’s problems can be solved by earning more money, but the part that not able to solve by money, can also greatly alleviated through money.

When I was young, every time I heard about money, I always felt very vulgar and growing older, I found that money plays an increasingly important role in life. Many times, we are not consciously tired of money, every day to get up go for work because of money, often forget that we should be the owner of the money.

Seeing the salary adding to my bank account is the happiest thing. Having luxury foods at the beginning of the month and then to the end of the month, having instant noodles for meals. To be the master of money, the first thing we need to do is to learn to manage money and become the master of money. Money is important, but more important is what we should do when we have it and find out the real reason why we want it.

There is one more thing important in life: time. 24 hours a day, 365 days a year, time seems fair to everyone, at least from the beginning, each of us grew up with the same time. But some people can create hundreds of millions of dollars in a day, while others do nothing on their day.

After work, the happiest day is the payday, the most unhappy day is the next day because of the loans and credit cards, found that there are not much wages left, and then began the next month’s cycle. Time and money are really alike, at the moment you get it if you can figure out where to put it, it works, and if you don’t have a plan for it at first, it’s only going to go back and forth in the end.

On the other hand, time and money, as well as consumption, trading, and investment, there are three attributes. The same two hours, and if you spend it on TV, it’s consumption, if it’s for other value, such as getting money for a job or selling it in bulk, then it’s a deal, and if you invest it in personal growth or something that will generate more in the future, this time is an investment.


We all know that if we want to save money, we have to plan for its usefulness at the moment you get it, for example, 30% of your monthly salary is spent on 50% of your savings, so we have to do that at the moment your salary arrives. The longer it takes, the worse the execution, and even when you want to do it, you will find that your salary is long gone.

Time is the same. If at the beginning of the day, we do not have a plan, it is likely at the end of the day, you will feel that time is gone without you noticing, things you want to do is not done. In a Ted talk: How to Control Your Free Time, Laura Vanderkam suggests a real way to manage time: do what’s important, and time will be saved.

What’s important is that we look at money first, it’s certainly unwise to spend it first, it’s often necessary to spend money on transactions, and investing in money is the most friendly way for our future. On the contrary, the use of it for consumption is often wasted, using it for a transaction is a necessity of life, and use it for investment will let our future road better.

How do you treat time like money?

First of all, we need to realize that time is valuable, assuming that our monthly salary is $2000, 21 days a month, 8 hours a day, then our time unit price is $11.9 per hour

Sort out consumption, trade, and investment, putting investment at the top of your time.

Focus on building and continuously improving your personal abilities.