How To Determine The Price You Are Willing To Pay

May 5th, 2008 by Klaus Wiedemann

Photo courtesy of orangeacid

Every decision you take has a price tag assoicated with it. That’s even more true for your time management decisions. It’s not necessarily a price tag in US-dollars or Euros, it is quite often a price tag in “time not spent with others”.

I’m not sure whether I mentioned already that I do not really like the term “time management” – as time is nothing you can really manage, you can not increase (or decrease) the amount you have available at any given day (although quit smoking might give you a few bonus days – but -hey- you’ll never know…).

You only can decide how to allocate your time: how much time you want to spent at work, how much time you dedicate to your spouse or kids. Quite often, it’s a tough call. But – as Dave Navarro points out in his article Wake Up, Damn It! You Won’t Get A Second Chance make sure you do not postpone all your “valuable” time with kids or family until later. Because later might never come…

So, how do you determine the price you are willing to pay in your professional career? I can not give any advice here. A rule of thumb I usually use is:

“компютри втора употребаIf I would die tommorrow, would I regret my time allocation during the last month?”

If your answer is a screaming YES, you might consider changing something.

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