Andy Britnell asked:




I remember how intrigued I was when years ago, and long before I had heard of time management, I recognised the link between time and money, realising that we say that we ’spend’ or ‘invest’ both time and money, and also talk about ’saving’ time and money.

Moreover we usually find that in order to save time, we have to spend money, and vice versa. For example, to save time cooking, we might buy ready- prepared food. Our decision depends on our circumstances and priorities – someone else might well prefer to save some money and spend more time preparing and cooking a meal.

We make these choices all the time and often have no objective yardstick to show us how effective they are – unless our choices are so extreme that eventually we are totally overloaded with commitments, or on the other hand we run out of money! Constantly trying to keep a balance between spending and saving time and money demands a willingness to keep checking priorities.

This is particularly true of self-employed people starting or growing a business. It can be tempting to try and keep all costs as low as possible and do everything yourself. But this can be counter-productive when you realise just how many activities business start-up and business growth entail.

You need to think carefully about money and time management. If you can pay a specialist to do a job and thus free yourself up to do something else, that may be the better solution. Our investments in both time and money will ultimately pay off in the success of our business and the happiness of our lives. It makes sense to think carefully about the balance.

Derek

TinyDancer asked:


My job: I’ve been working at a community center for a year. I work 2:30-5pm every day and teach dance classes Tues. and Thurs. during that time. I work with kids so coming in early or staying late is not an option because I need to be there when the kids are. I don’t necessarily love my job but I like it and I love the location and people I work with! I don’t mind going to work. I’m struggling to pay rent but since the job is so good, I decided to stick with it.

School: I just got my schedule today and Tuesdays and Thursdays I have to go from 3-5:30. I tried to rearrange things but they are all full and a small school so they don’t offer tons of class times. MWF I get done at 2:30, when I should be starting work. It’s about a 40 min. drive from school to work.

So my question is…WHAT SHOULD I DO?!? School is my top priority but I love my job! If I ask my boss if I can come in late on MWF, she would probably say yes but then I would be making much less money than I am now, and I am really struggling as it is. And plus, I teach dance Tues and Thurs where I make about triple the amount of money I do normally. UUUGGGGHHHHH this is horrible!!! The people at the school told me to see Career Services to find a flexible job and I told them NO I LOVE MY JOB!!! And they said they could do their best to switch my schedule and that was the best they could do this quarter and I’d probably run into this problem every quarter.

UUUUGGGHHH what should I do?

Gladys