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Use this easy 7-step plan to give you more time each day

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https://www.fastcompany.com/90502371/use-this-easy-7-step-plan-to-give-you-more-time-each-day

fastcompany.com

Use this easy 7-step plan to give you more time each day
The actions and choices you make today have a compounding impact on how much time you have in the future. Here’s how to be smart about the way you spend your day.

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Time Debt

Time Debt

The choices we make to ‘borrow’ our personal time to get work done works against us in the long run, just like the money borrowed from a credit card has to be paid back with interest in the future....

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Track Your Time

You need to find out just where your time is going currently. You can use a pen and paper, a spreadsheet, or an app to visualize where you spend most of the hours in your day.

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Create A Time-Blocking Template

  • Block your time for specific types of work, not individual tasks.
  • Block your time for core work like coding, designing or writing, for shallow work like daily tasks and maintenanc...

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The Planning Fallacy

It states that we are overly optimistic about what we can hypothetically get done in a given day. So we overschedule and create further time debt.

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Prioritize The Really Important Tasks

Start filling your schedule with the really important tasks, and take care not to put all the time-debt activities back in. Sometimes the seemingly urgent work isn’t important, but we do it...

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Pay Yourself First

Your ability to use your time depends on you being healthy, stress-free and happy. If you aren’t at your best, your entire life ecosystem will fall like a house of cards.

You need ...

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Remove Your Energy Drains

Incomplete and pending tasks take up space inside our minds.

This may include our unfulfilled desires and dreams, conversations that we haven’t had, projects that need to ...

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Say No

We need to be open and transparent to our peers and bosses, and refuse certain tasks that seem to take us away from our core priorities and seem obligatory or repetitive.

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Time Multipliers

Certain habits are time-multipliers. They are simple tools, hacks and work-flows that optimize your work environment and get more things done in less time.
This includes prioritizing your to...

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Single-Tasking

We all have heard of multi-tasking, but new research shows focused hours are 500 percent more productive. Focusing on a single task and completing it is a time-asset superpower (it builds more time...

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30X Rule

Delegating tasks is a hidden hack that, if used can free you up with loads of free time. Studies show that many knowledge workers spend 41 percent of their time on tasks that can be easily delegate...

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Reducing Emails And Distractions

  • Sending and replying to email feels like work, but in reality, it is pseudo-work. Do not be available on email and chat all the time, setting aside time-blocks in a day.
  • To get int...

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SIMILAR ARTICLES & IDEAS:

Make planning a habit

Make planning a habit

Some mornings we feel motivated to create a to-do list, but that is often the exception. We need to get things done, even when we feel disengaged.

Start by setting the alarm for you...

Align your to-do list with goals

  1. Break down your big goals into daily tasks. You can't add "Get in shape" to your daily to-do list, but you can add "spend 30 minutes on my bike."
  2. Consider your week as a whole. You likely have multiple goals. Some goals benefit from daily activity, while working towards others a few times a week can create momentum.
  3. Add your have-to-do tasks last. We often fill our to-do lists with have-to-do tasks that crowd the whole day. Adding it last forces you to fit your have-to-do tasks around your goal tasks.

Have one daily priority

Many of us start our mornings with dozens of things we need to get done, but later realize that we haven't crossed any of them off our lists. We did get stuff done, but none of the things we planned.

A balm against hectic days that pass without progress is to choose a single activity to prioritize and protect in your calendar. If you struggle to select your top priority, ask yourself, when you look back on your day, what do you want the highlight to be? That's your priority.

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What early retirement means

What early retirement means

Early retirement is not defined as when you stop working forever, but as having the freedom and flexibility that saving up enough money can give you if you want to leave a job.

...

How to retire early

A good early retirement strategy is built on maximizing three aspects: Income, expenses, and savings.

To build your early retirement strategy, you need to determine your retire early or financial independence (FI) number. It is the amount of money you need for work to become optional. Be aware that the number will (and should) change as you change, and your desired lifestyle evolves.

The money you need for early retirement

Based on a series of papers known as the Trinity Studies, you need to save 25-30 times your expected annual expenses to have enough money to last you for the rest of your life.

This multiple is based on the percentage of your investment growth that you would be able to withdraw per year. A safe early retirement withdrawal percentage is between 3%-4%.

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The Wild Procrastinator

You are indecisive and often deals with things in the nick of time. But procrastination has a physical and social toll as your body and your coworkers get stressed over it.

Solution...

The Perfectionist

You are obsessed with your idea of perfection and end up spending way too much time on a specific task. This leads to feelings of being overwhelmed, missed deadlines and delaying other priorities.

Solution: Make sure you have achievable standards that don’t get in the way. Train yourself to do things that fall short of your idea of perfection until you begin to accept that the “imperfect” but functional is enough for most things.

The Underestimator

You often miscalculate how long it will take to do something to the point of missing deadlines and having to reschedule.

Solution: Schedule more time than you expect to take to finish a task, learn how to work faster and to estimate time more accurately. Reviewing past assignments duration will give you good time estimates for future reference.

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