I recently asked the readers about their best time-saving tips. I was glad to get many great answers. Now, I’d like to contribute my own thoughts on it. Along with the readers’ answers, I believe these can help you live a more effective life. Without further ado, here are five essential ways to save time.
Have you ever experienced not getting things done? Days or even weeks may have passed, but you accomplish just a little. This is especially true when there is no deadline. For instance, let’s say you want to write a novel as your personal project. Since there is no pressure from the outside, you might make very little progress over time.
It’s a funny title, isn’t it? How to make your priority a priority. Unfortunately, many times our priority isn’t really a priority. You might say that something is your priority but don’t actually treat it that way. That’s why we need to learn to make our priority a priority.
I recently read The One Thing by Gary Keller. It’s an insightful book that can help you get the most out of your life. The message of the book is simple: you should focus on just one thing that gives you the most impact. Not a few things, but just one thing. So it goes further than the Pareto principle that says you should focus on a few important things. That’s why the book calls its principle extreme Pareto.
In investing, there is something called rebalancing your portfolio. A portfolio has different asset classes in it (such as stocks, bonds, and cash), and there is a particular allocation that best serves your financial goals. Over time, however, your portfolio might go out of balance. One asset class might outweigh the others because its price increases rapidly. The allocation will then deviate from its ideal.