What if you could do wonders for your career and even finances … in 30 seconds flat?
The truth is that you can get a lot done in half a minute—especially if you start adopting some of these 30-second habits.
#1: Zero in on a Trio of Important Tasks:
As soon as you pour that cup of morning tea, pinpoint your top three—and only three—most crucial to-dos for the day. Once you’ve identified what’s important, you’ll often find it’s not many things. Having a small number of things also makes it easier to accomplish the tasks.
And since it’s easy to burn through an entire day just dealing with the small things, be sure to block off the two best hours each day for accomplishing those three tasks.
#2: Maximize Meetings with a Half-Minute Recap:
Right after you get out of a meeting or jump off a conference call, spend 30 seconds jotting down the most important points Even if you took notes during the meeting, spending these few seconds post-meeting will help you pinpoint the most important takeaways—and prioritize your next action steps. We have a harder time remembering what we hear compared to what we see, which makes retaining info discussed at a meeting more challenging. Writing things down helps cement the details you need to know.
#3: Put a Dollar Value on Your Time:
You’ve heard the saying that time is money, but that may not fully hit home until you’ve assessed how much your time is really worth—and how much money you “lose” when you waste that time. So if you determine that you make, say, Rs. 1000 per hour, you’ll see that those three hours a day spent on social media is costing you Rs. 3000 per day—or a jaw-dropping Rs. 21,000 per week.
Running your hourly worth numbers can also help you figure out ways to save precious time—like whether it makes financial sense to pay for a laundry service, hire a housecleaner, or hire a moving company. Knowing the value of your time allows you to make better decisions, and helps you make them much faster.
When it comes to your career, you can more easily decide whether to take on extra work—and how much you’d have to charge to make the extra work worth your time.
#4: Make Wiser Money Moves:
The small financial decisions you make on a daily basis—like buying overpriced coffee versus the almost-as-good local versions —can add up quickly. But beyond the initial impact on your wallet, these decisions can also affect how soon you reach long-term financial goals, whether it’s saving for a house or retirement.
Enter the “gas or brake test,” in which you imagine that you’re in a car and that your daily decisions either drive you one step closer to your goal by saving money (stepping on the gas), or they delay you from reaching your goal by spending money (tapping on the brake).
So before you make a purchase, ask yourself whether the item will accelerate or decrease your savings—and if it’s the latter, then ask yourself if you can do without buying it. More often than not, the answer will likely be yes.
#5: Simplify Expense Tracking:
Tired of having to sort through a mountain of crumpled receipts—or misplacing those little pieces of paper altogether? Try using a free app to quickly take on-the-go photos, so you can more easily keep track of daily purchases. Some of the apps can also organize receipts into categories, so you don’t have to hunt around for specific expenses come tax time.
#6: Keep a Photo in Your Wallet That Reminds You of a Big-Picture Goal:
Having a visual reminder of a significant savings goal—like a snapshot of your kids, if you’re trying to save for their future—can help make you significantly less likely to spend money.
A picture of a savings goal has the ability to evoke strong emotional connections, allowing the consumer to visualize the outcome of the financial goal.
For added impact, place a powerful visual reminder in your wallet. This way, every time you reach in to spend cash on something unnecessary, you might get reminded to put the cash away instead.