Nov 3rd, 2009
Not the Money Budget
Randy Pausch’s lesser known but very valuable video on time management mentions that if he’s asking someone about their budget, the person being asked typically thinks about their monetary budget, but he is more likely to mean their time budget. His underlying belief is that you can always make more money, but you can never recover squandered time.
He’s correct.
Time is the most important commodity we have. We can never make up for lost time–once it’s gone, it’s gone forever, and in the case of someone like Pausch, he could appreciate his incredibly short amount of remaining time. But the reality is, we’re all dying, and many times we have no idea of its approach, so making the most of time isn’t something for just a few–it’s for everyone.
Yes, money is important–to say it’s not is romantic but unrealistic. But time is what really matters. Time isn’t just money–it’s more precious.
My money budget has been okay recently, even though my crazy schedule has put me onto somewhat of an autopilot mode. However, my crazy schedule has destroyed my time budget, and that’s what I need to take back.
I’m not sure how much I’m going to blog about it here, but right now, my time budget totally outweighs my money budget.
