Category Archives: retirement

Random Reflection on Time Accounting

I read a beautiful write up about time sometime during the week. It was a post shared on my old girls association platform. The reason why it resonated with me so much is because I have been reflecting on time in recent days, so coming across that post, simply opened my eyes to my other perspective of time.

The writer began with “It is a mistake to think time is going. Time is not going. Time is here until the world ends. It is you that is going. You don’t waste time. You waste yourself. You are finite. It is you that grows old and die. Time doesn’t. So make better use of it…….”

Harsh as it may sound. it is absolute sense. Which brings me back to my reflection on time accounting. There are 24 hours in a day. What do you spend yours doing? Who pays for the time you spend at work, play, family time and unaccountable time (wasted time).

When you show up at work, you have exchanged a part of your life for a fixed amount of income, that you agreed with your employer. The passage of time is the passage of life. Whatever you spend your time doing must add value to your life. it is not always monetary value because time spent with loved ones is priceless and should be memorable.

As we go into a fresh Monday week, the onus lies on you to make your life count. Think time. Think value. Think life and make sure it is worth your while.

One thing you can do this week is to evaluate the cost of your time. write out every hour of your day in one column, match each hour with an activity that you performed in that hour. In a different column write out how much you receive as income for each activity per hour. Value for each activity will vary from person to person and some activities will be priceless.

You will easily identify where you waste time, and how you can start saving on time and making good use of your life, because time is life. You will also be able to identify where you add value to other people’s life, where you let other people steal into your life and where you steal from other people’s life.

This time evaluation activity is a mindful exercise that you will be glad you did. Take 20 minutes at the end of every day to review your time evaluation sheet and I guarantee you, if mindfully performed, you will be a transformed human being by the end of one week.

Above all, dont mix business with pleasure unless business is pleasure. After all #YHTK.

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One month only

 

Stop and imagine just for one moment.  You have worked hard this last month, you woke up early to do the morning commute for one or two hours in to work.  You have dealt with the insatiable demands of your manager and the incessant questions from subordinates, or the queries arising from curious and unappreciative customers.  

It’s lunch time and you take a quick peek at your email and it is that time of the month – bills coming in.  Not bad, tomorrow is payday! But, the wages fail to hit YOUR bank.  Some problem with payroll and they don’t see a solution in sight but they have assured to give you an IOU for some amount of money that does not meet your need.  When the problem is resolved, the balance due will be paid with next  month’s wages.

Just one month wages messed up through no fault of yours and your total financial system is ruined temporarily.  We have been conditioned to live from one pay check to the other with slim chances of breaking free, one month’s paycheck can be the beginning of a poverty cycle.

Imagine!

It is not the payroll next time, it is ill health. You or any member of the family can fall ill anytime without notice, requiring your attention and time away from work.  Unplanned time. One month or one week.  

How many weeks can you afford without pay with no effect on your lifestyle or set you back into a poverty trap?  Do the math.  After all, #YHTK.

Save!      Invest!      Plan!     Multiple streams of income!     Network! Build!    Trade!   Sell!    Leverage!    Skills!    Character!    Attitude!

Looking forward

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Working in the hospitality industry exposes one to various aspects of life. Corporate business people going to lunch together and discussing business over lunch, people with set habit of eating same thing year in, year out. Breakfast on poached eggs, and lunch on bacon and cheese toastie with brown sauce. Group of 5 teachers coming out to lunch every Friday and have done so for the last 10 years+.

Two men used to come out for breakfast at least once a week to a cafe in Dublin, and every time argue over who is going to pay. The younger man often winning. I once said to the two of them that I don’t mind taking both payments and the younger man laughed and said “that’s my dad”.  That, blew me away because of the mutual love and respect that I have witnessed between them.  Since then, I weekly looked forward to seeing them.

Another group of ladies in their 50s/60s come out to the Falcon in Fotheringhay weekly for lunch, to experience time out in a lovely beautiful and historical British restaurant. The booking sheet usually read “The ladies”. The women choosing to hang out and enjoy that season of their lives and friendship together. I call it beautiful.

To every season in life, there is anticipation and trepidation. A time to work and a time to play, a time to sow and a time to harvest. No one has the final call on life, but as long as there is breath in you and a time called day and night, every season should be filled with building happy memories.

I wholeheartedly look forward to retirement with joy and anticipation, knowing that not working but working, is filled with purposeful happy days ahead making a difference and hanging out with family and friends.

What do you look forward to?