Big Time Wasters
by Dr. Donald E. Wetmore
Fabulous Four Time Savers
You may be well intended about getting things done during your day at work or during your personal time, but there are big time wasters that will conspire against you to take your productive time away. It has been said that the road to Hell is paved with good intentions. In conducting my Time Management Seminars over the last 20 years, I have identified five Big Time Wasters that you can attack.
Poor planning. People don't plan to fail but a lot of people fail to plan. Without a plan of action for your day you tend to direct your attention to the most urgent thing that may not necessarily be the best use of your time. Often, the day will be filled with wheel spinning and busy-ness, rather than business. When I was in the military, we referred to the Six P s : Poor planning produces pretty poor performance . (I recall that some used a different word for pretty , but I m sure you get the point.)
Procrastination. Taking the time for planning is great but what if you don't execute on your plan? You tend to put off doing what you know you ought to be doing when there is little or no pain for not doing it and little or no pleasure to do it. Procrastinating the unimportant things has a positive value in your day. The problem for many is that they are procrastinating the important items.
Interruptions. You can do a great job of planning and not be much of a procrastinator, but interruptions will come your way and rob you of productivity. An interruption is an unanticipated event. That's what makes it an interruption. They come to you from two sources, in-person and electronic (telephone, email, beeper, pager, etc.) Interruptions are both good and bad. There are A (crucial) and B (important) interruptions that you receive without reservation. By definition, they have value to you and are welcomed. But then there are the C (little value) and D (no value) interruptions that only take you away from being as productive as you might otherwise desire.
Failure to delegate. If you want a job done well, you have to do it yourself. Have you ever said that to yourself? The problem is you only have 24 hours in your day, 7 days a week for a total of 168 hours. Subtract from that the time you sleep (perhaps 8 hours per night, 7 nights per week, or 56 hours in total) and you are now down to only 112 hours each week to do everything you need and want to do. Delegation is plugging into someone else's time stream when you don't have the time or the expertise to accomplish a particular task. Delegation is how you can leverage your time through other people. A lot of time is being wasted by doing what ought to be delegated to others.
Attending meetings. In a typical day in the United States, there are 17 million meetings. A meeting is when two or more people get together to exchange common information. What could be simpler? Yet it surely is a major time waster for many. They are particularly wasteful and unproductive when there is no agenda or time frame and the meeting then drifts out on one tangent and then another without concrete results.
Want five easy tips to help you to stop wasting a lot of your time? Get your free copy now of Stop Wasting Time. Email your request for stop to: firstname.lastname@example.org. Sign up now for your free Timely Time Management Tips on a regular basis to increase your personal productivity and get more out of every day? Just go to: www.topica.com/lists/timemanagement and select subscribe. Copyright Don Wetmore
Take the Next Step
- Could spending 5 minutes reading a newsletter twice a week save you time and money every day? Dollar Stretcher Tips readers think so. Subscribe and find out how many ideas stretch your day and your dollar!
- If you're serious about getting organized visit The Dollar Stretcher Pinterest "Organization Tips to Save Time and Money" board today!
More Tips & Tools to Help You
Live Better...For Less
- How to become a millionaire in 7 easy (hah!) steps
- 5 poor ways to save (and how to do better)
- 10 places to look for $500 in savings
Here are 10 ways to save $500 for when you drive, eat or travel.
- 9 savvy strategies to save for a rainy-day fund
- 5 big bills you can cut fast
- Money-saving secrets of the rich and frugal
- Helping elderly parents organize must-have financial paperwork and information Expert Interview
- How a single mom can create multiple income streams
- Turning your hobby into extra income
- Basic finance management for teens
- Positioning yourself for career advancement
- Reduce your debt with this free debt course by The Dollar Stretcher
- Reduce your debt payoff time
- Find a better credit card rate
- Get better savings & MMA rates