‘But what minutes! Count them by sensation, and not by calendars, and each moment is a day.’
Benjamin Disraeli

Overview

Imagine if time was a bank account and each morning you were credited with 86,400 seconds. If, by the end of that day you hadn’t spent any of the credits they would instantly be deducted from your account. What would you do?
The chances are that you would make every effort to spend them. It’s amazing, isn’t it, how much we take time for granted, but then regret the moments we lose or waste?

In transport economics, the value of time is the opportunity cost of the time that a traveller spends on their journey. In essence, this equates to the amount that a traveller would be willing to pay in order to save time, or the amount they would accept as compensation for lost time. The value of time varies considerably from person to person and depends upon the purpose of the journey, but can generally be divided into two sets of valuations: working time and non-working time. That sums up life very well, and echoes the fact that it is important that we make a balanced investment in both work time and play time.

One of the biggest challenges that many people face is personal time management and the ability to prioritise. Let’s face it, we all have our own quirky little habits and we have all been guilty of putting ourselves and other people under unnecessary pressure by just not being as well organised as we could be. This can have a big effect on our stress levels too. The more efficiently we manage our time, the better we will feel generally.

It is also important to respect other people’s time and, if our own lack of personal organisation or timekeeping disrupts others, it is important that we take responsibility and do something about it.

Also, it is worth considering that no matter how organised we may be, there are always only 24 hours in a day. Time doesn’t change. All we can actually manage is ourselves and what we do with the time that we have.

‘A man who dares to waste one hour of life has not discovered the value of life.’
Charles Darwin

Time Management – Steps to Success

  • Value your own time and that of other people
  • Review where you are spending your time
  • Create time management systems
  • Avoid procrastinating and get things done
  • Be tidy and put things away
  • Plan tomorrow today.

Managing Time

Use these tips to help you manage your time more effectively:

Time Management Toolkit I: Planning

One of the biggest challenges that many people face is personal time management and the ability to prioritise. Use these strategies to plan your time more effectively:

Time Management Toolkit II: Organisation

We have all been guilty of putting ourselves and other people under unnecessary pressure by not effectively managing our time or not being as well organised as we could. Here are few tips that may help:

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