Posted on Aug 26, 2006 | Comments 0
Our society comprises all types of people with established beliefs, modern ways, structure, gender, roles, class, et cetera.
To create a time management scheme that works we have to think about many factors, since we are concerned with other people all the time.
Often our world has hidden messages, in addition to obvious resources that help us to see where we are going with our plans. The best solution then for inventing a time management scheme is finding out first if your goals are reachable and what information is available that can help us to accomplish our goals.
We can see that sacrifices are a part of time management as much as realizing that we all are different and have our own budgets. Unless you are a rich individual that can get hold of your short and long-term goals right now, you will have to learn sacrificing qualities to achieve your goals.
Time is just as significant as money, so if you are investing a lot of your time in sports and entertainment and not making money doing it, then you have to sit back and find a solution to increase your time on important areas that lead you to your goal, rather than wasting time.
Short-Term and Long-Term Goals
We have to enclose many factors into the time management scheme, when we set short and long-term goals. For instance, if you see your self in five years living in the lovely state of Colorado on the mountain, in a log cabin.
What plans do you need to plan that can help you attain this goal, and what actions do you require to take to reach this goal? It should be clear that you would require financial resources to achieve this goal.
Therefore, in your time management plans you will need to include a financial savings that will help you to attain this goal in five years.
Sometimes we can meet our five-year goals, so we may have to take account of setbacks in the plan and the method to divert another strategy to achieve our goal.
Financial obligations for example house payments, car payments, college tuitions, bills, and so on are obstacles and responsibilities that can slowdown our ability to achieve this goal.
In your time management scheme you want to take account of budgeting then since if you want this goal you will have to commit sacrifices.
Expenditure for Attire and Personal Use
If you curtail on your expenses, you will see that you have more money to save for the short-term goal you planned in your time management plan.
If you are spending $150-$200 per month for groceries, is it likely you could buy cheaper produces and products to reduce on your spending? What about your selection or clothing? Are you buying clothes to emphasize or to dress? There are a lot of second-hand stores, rummages, and other sources that offer very nice looking clothes that are reasonably priced.
If you donâ€™t want second-hand, there are stores that offer low cost attire, and often the garments are brand names. Donâ€™t let this diverse world influence you to consume more than you make.
If you are spending money on course to get hold of a long-term goal, it is vital to curtail on expenses since tuitions are often high.
Financial Plan â€“Purchasing Car With Higher Economical Savings
IF you do not previously have a car, and plan to purchase a carâ€¦do you need an expensive car? Expensive cars cost more for maintenance and often are just a mechanism for showy displays.
Why not save yourself some expense and purchase a car that offers thrifty savings, in addition to low maintenance costs. Insurance and car payments on expensive cars are also higher than economical cars.
For a car payment, if you are paying $700-$800 per month, and making payments on high rated insurance polices, you are consuming a thousand you ordinarily wouldnâ€™t spend if you made a wiser decision.
Since the system is diverse many of us try to keep up with the â€˜Smith and Jones,â€ failing to understand that we are who we are.
Financial Plan â€“ The Plan for Early Repayment of Mortgage
In addition, if you have a home mortgage and paying $700 per month, is it possible you had the mortgage long enough that you could take out another loan that provides resources for vacation packages, lower interest rates, lower mortgage payments, overpayments, or underpayment plans? This will assist you to repay your mortgage earlier if you make a wise decision and not jump into another commitment suddenly.
Posted in: Time Management