Why is Time Management Important?

Why is time management important? Why can’t we just create a list of things we want to do and get to them when we get to them? It sure seems easier.

The problem with not managing your time is that it leads to a lot of time leakage. Time leakage occurs when you waste your time away doing things that don’t help you advance in life, like watching t.v. or chatting around on facebook instead of doing the important things you need to take care of.

Wasting time a few times during the day may not seem like a lot, but if you add it all up it can lead to weeks and months of lost time throughout the year.

How Much Time Do You Really Waste?

When I was a little boy I remember my dad had a leaking faucet in his bathroom. Even when you turned the faucet completely off it still leaked drop by drop minute by minute. At the time I didn’t want to waste water so I put a cup just below the faucet so that each drop would fall into the cup, instead of going down the drain.

A few hours later my dad went into the bathroom to find a cup full of water. He was amazed that a problem he thought was small managed to add up and fill up a cup of water over just a couple hours. At that point he decided to fix the faucet right away.

I like to use this analogy for dealing with time. Time is like a leaking faucet. Each minute it drips away. Now hopefully there is a large reserve of water on the other side. But even a large reserve is going to disappear after a while if it is constantly being dripped away.

Similar to this example, we only have a limited amount of time on this planet. This means we have to make good use of the time we do have.

When we waste our time away it is like a faucet dripping down the drain. Our time is not being spent on anything useful and when it is over there will be nothing left to show the world that we were alive, just as once the water reserves are up there is no water left to do anything with.

On the other hand when we are actively pursuing our dreams in life and getting the most out of our time it is as if we have placed a cup below the leaking faucet. Each drip goes into building something even greater that we can use later on down the road.

“Time = life; therefore, waste your time and waste of your life, or master your time and master your life.” Alan Lakein

Now that doesn’t mean you can never take the cup away from the leaking faucet. Once in a while it is ok to pick up the cup, enjoy the fruits of your labor and let the faucet drip. But if you do it too much you will have nothing to show for it.

The side benefit of keeping a cup below the faucet is that we may get lucky and still have water left in it to help others and to leave our own legacy behind. In other words we have something to show for our time on this planet. There is still evidence that we were here and that we accomplished something even after we are gone.

For me that is a best answer to the question, why is time management important?

From Why is Time Management Important to Effective Time Management Strategies

Now that we know, why is time management important the next question would be, how can we get more out of our day? In the article, how to stop procrastination I talked about the importance of keeping a schedule for everything you wish to accomplish throughout the day. I’d like to go more into detail about that here.

One of the most effective time management techniques is to simply keep a schedule for all the things you wish to accomplish throughout the day. This way you have a rough idea of what you will be able to do and at what time you’ll do it at.

The first step is to write down what you want to do during the day. For instance on a random day some of the things I might want to get accomplished are.

• Write an Article For The Blog
• Eat Breakfast/Lunch/Dinner
• Email Back Some Other Website Owners
• Pick Up Groceries
• Promote My Sites
• Go For A Walk
• Relax With Friends

I like to include everything in my schedule from what I have to work on, what I want to work on, and what I want to do on my free time. This way I can make sure that I truly make room for the things I want to get done as well as time for myself to relax and have fun.

“Don’t be fooled by the calendar. There are only as many days in the year as you make use of. One man gets only a week’s value out of a year while another man gets a full year’s value out of a week.”
Charles Richards

Next you want to schedule a time for each item. Figure out how much time you think something will take and then put it on the schedule. In that imaginary list above my schedule might look like this.

8:30-9:00 Eat Breakfast
9:00-10:00 Go For a Walk
10:00-11:00 Pick Up Groceries
11:00 – 12:00 Email Back Some Other Webmasters
12:00 -1:00 Eat Lunch
1:00 – 4:00 Write Article For My Site
4:00 – 5:30 Promote My Sites
5:30 – 6:00 Eat Dinner
6:00 – 11:00 Relax With Friends

That would be a productive day, since I got everything done that I wanted to get done, while at the same time I got to relax. If I had more things on my schedule then I would have to set aside some time for them as well.

Of course this would just be a rough idea of what my day would look like. Since things don’t always go according to plan there may be some judgment calls along the way. But at least there is a plan in place which will let me accomplish everything I want to accomplish throughout the day.

Raping everything up, why is time management important? Because there is only a limited amount of it, how can you do more with your time? Think in advance and create a schedule for your day.

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2 thoughts on “Why is Time Management Important?

  1. Barbara Altman

    Each moment wasted is gone forever. I’m great at whittling away time playing solotaire on the computer. This is time I could be spending doing ezine articles or other productive work. I’m looking forward to comments about how readers manage time constructively.

  2. Pingback: timetradingguru.com » The Value of Time

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