Valuing Your Time - Find Out What Your Time Is Worth
- Topics:
- Time Management
- Tags:
- Finance,
- Financial Planning,
- Free Trade,
- Mind Tools,
- Operational Accounting,
- Productivity,
- Taxes,
- Time Management,
- Value
- Source:
- Mind Tools
FREE Registration is required
Overview: A first step in good time management is to understand the value of your time. If you are employed by someone else, you need to understand how much your employer is paying for your time, and how much profit he or she expects to make from you. If you are working for yourself, you should have an idea of how much income you want to bring in after tax. By working these figures back to an hourly rate, this gives you an idea of the value of your time. By knowing the value of your time, you should be able to tell what tasks are worthwhile to perform, and which tasks give a poor return.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: HTML | Date: Dec 2007 | Pages: 5
