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Time Is Money
Prepare an hourly chart of how you spend your 24 hours, starting now. How much of it is spent doing productive work in terms of money and how much of it is spent in losing it. If you find the ratio is 3:1 you are safer than most people.
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46 reads
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Salary Isn't Enough
If salary is your only income source. This well will dry out soon. The saving in your bank account is not going to work for you unless you make it work. Put that savings into some work create other sources.
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Your Hourly Value
Calculate your salary basis on 1 hour of your day.
How much monetary value do you hold in 24 hours. If it's above ₹180 per hour. For 10 hours of work daily you are earning decent amount.
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41 reads
CURATED FROM
CURATED BY
Tea, books, movies, conversations, music, trekking, travel and a lot of laziness
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Track Your Time
Measure the total amount of time you invest each year to earn money. It includes the time you spend to commute to and from work, and time spent working on a side hustle or dropping your kids at daycare.
If you're unsure how much time you spend working, use 2,500 hours per year as a starting...
Productivity
Many ambitious people don't stay aware of how their time is spent.
Track the time you spend on work and personal tasks. For extra clarity, assign an hourly rate to your time based on the salary you would like to make. Calculate the cash value of hours spent on things that get you clo...
Spending money mindfully
- Leave the item for 24 hours. If you still want it and can afford it, then make the purchase.
- Don’t let “blowout sales” tempt you. Ask yourself if you would buy the item if it were full price.
- Check your bank balance first thing every morning. It will ensu...
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