A Path to Forever Financial Freedom

How Do You Define Your Time?

Publish date: Mon, 09 Oct 2017, 09:27 PM
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This is a personal blog that keeps journal for my pursue of financial independence by the age of 35.
As financial bloggers, we've always been saying that time is an important resource that is scarce in our lifetime. 

Time is a fixed currency and is probably the only thing that is constant. All of us had 24 hours a day to allocate our time with and it is up to us how we define them.

Time in the context of this article is focus and energy, which everyone has a limited supply of.

Now, I see my time in the context of three general categories:



Professional - Active Work and Career Related Matters.

Social - Activities that involves gathering around with people, families or friends that are important in my life.

Leisure - Activities that are hobbies to me like traveling, blogging, watching movies, etc

Of course, there are endless possibilities that we have not included in our time such as exercising and resting but that's why all the more we have lesser resource to allocate with.

I see professional as doing things for the better of others for something that you get in return for. For example, as a salaried worker, you exchange your time by staying at your cubicle for 8 hours serving your clients and stakeholders in exchange for the salary you get at the end of every month. Similarly, you can be a swimming instructor who gives your students a class every morning on the weekends. The nature of such means that you have a responsibility of giving by taking something. 

On the other hand, leisure can be related to hobbies that you are interested in exploring for the happier inner of your own self or others. For example, I classify blogging under this category simply because I am doing it for leisure. When I have the time and ideas to start writing, I write. I do not write because I have deadlines to meet or expenses to worry at home. If I were to take blogging as a serious full time job in the future, I may struggle with doing so and ended up liking it a lot lesser.

I guess the purpose of this post is to enable us to understand the primary force of allocating our time resourcefully. 

There are people who unfortunately struggle to keep up with the daily expenses by having to allocate more time professionally than leisurely and I salute them for doing so. They do what they did because circumstances doesn't allow them to choose otherwise. In this case, they are clear on what they were doing.

For the rest, how do you define your time by allocating optimally?

Thanks for reading.

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