TIME AND MONEY

Look at your life right now. What are the things you are good at? Possibly your specific job, raising your kids, your friendships, your family, cooking, cars, fashion, etc. Let’s also not forget the TV. We know what programs come when, who is marrying who, who is winning in whichever singing competition is the flavour of the month. Ask yourself what is the common factor in all these things that you are good at and it will be Time. So how much time a week or a month do you spend on these activities? I am doing a course where we have been encouraged not to watch TV for two weeks and I cannot believe the amount of time that I have found myself with. We all say we want to create wealth or achieve financial freedom. Is what you are doing with your time the best and most direct way of achieving your financial goals be it through investments or accelerating the growth of your business? To keep it simple calculate how many hours you spend in front of the TV every week. Then calculate the amount of time you spend on your finances. What’s the difference? Which of the activities are you more successful at?

Unless you want to be a movie critic, it is Time to change something. You can learn all the practical aspects of managing money such as budgeting, debt management, investments etc but if you do not change the amount of time that you are actually going to spend doing it, nothing in your financial situation will change. We are going thorough challenging times where we may have to be a bit more creative than usual with our finances and that only happens through a shift in behaviour, which then again only starts with spending time with your money,. If you are reading this thinking “But I don’t have any money to spend time on” my response to you is that getting money is resultant from spending time on it and not the other way round. In fact statistics show that people who get money first before putting in the time e.g. lottery winners tend to end up broke. You can read, you can write, you can learn. Most people who created wealth started by getting information about what they wanted to do. When you combine Knowledge, Planning and Discipline the rest falls in place. “The race is not to the swift or the battle to the strong, nor does food come to the wise or wealth to the brilliant or favour to the learned; but Time and chance happen to them all” ( Book of Ecclesiastes)
Waceke Nduati –Omanga| waceke@centonomy.com| www.centonomy.com