1 00:00:03,480 --> 00:00:09,360 Speaker 1: Welcome to Before Breakfast, a production of iHeartRadio. Good Morning, 2 00:00:10,840 --> 00:00:16,759 Speaker 1: This is Laura. Welcome to the Before Breakfast podcast. Today's 3 00:00:16,800 --> 00:00:23,040 Speaker 1: tip is to schedule yourself first. Identify what needs to 4 00:00:23,120 --> 00:00:26,720 Speaker 1: happen for your life to run smoothly and for you 5 00:00:26,760 --> 00:00:33,839 Speaker 1: to achieve your goals. Then schedule those activities first before 6 00:00:33,920 --> 00:00:39,320 Speaker 1: committing to anything else. So you have probably heard the 7 00:00:39,479 --> 00:00:44,440 Speaker 1: classic financial advice to pay yourself first, to save money 8 00:00:44,520 --> 00:00:48,680 Speaker 1: for your own future needs before you pay for everything else. 9 00:00:50,159 --> 00:00:54,680 Speaker 1: Money goes to your retirement account or emergency fund before 10 00:00:54,880 --> 00:00:59,840 Speaker 1: it goes to clothes or dinners out or anything discretionary. 11 00:01:00,000 --> 00:01:02,120 Speaker 1: And if you wait to save what is left over, 12 00:01:03,240 --> 00:01:06,679 Speaker 1: there might not be anything left over. But if you 13 00:01:06,720 --> 00:01:11,119 Speaker 1: pay yourself first, one way or the other, you'll get 14 00:01:11,120 --> 00:01:14,520 Speaker 1: through to your next paycheck and you will build wealth 15 00:01:15,480 --> 00:01:19,760 Speaker 1: at the same time. As is so often the case, 16 00:01:19,840 --> 00:01:23,360 Speaker 1: what is wise for money is wise for time. Two. 17 00:01:25,400 --> 00:01:27,600 Speaker 1: Just as people who are smart with their money set 18 00:01:27,640 --> 00:01:30,920 Speaker 1: aside savings for their future needs before they spend on 19 00:01:31,000 --> 00:01:35,240 Speaker 1: other things, people who are smart with their time figure 20 00:01:35,240 --> 00:01:38,080 Speaker 1: out how much time they need to invest in maintaining 21 00:01:38,080 --> 00:01:42,759 Speaker 1: their well being and for achieving their goals. They put 22 00:01:42,760 --> 00:01:46,600 Speaker 1: that time on their schedule first before they commit to 23 00:01:46,640 --> 00:01:52,200 Speaker 1: spending time in other ways. The most obvious category this 24 00:01:52,280 --> 00:01:56,600 Speaker 1: works with is sleep. If you need seven and a 25 00:01:56,640 --> 00:02:00,280 Speaker 1: half hours of sleep per day, then you should carve 26 00:02:00,320 --> 00:02:02,600 Speaker 1: out seven and a half hours of time each day 27 00:02:03,200 --> 00:02:06,880 Speaker 1: during which you can sleep. Since my guess is that 28 00:02:06,920 --> 00:02:09,440 Speaker 1: you need to wake up at set times most days 29 00:02:09,480 --> 00:02:13,919 Speaker 1: for work or family responsibilities, that means going to bed 30 00:02:14,440 --> 00:02:19,600 Speaker 1: at a reasonable time. Doing that instead of trying to 31 00:02:19,639 --> 00:02:24,080 Speaker 1: get to the bottom of your bottomless inbox, amounts to 32 00:02:24,120 --> 00:02:29,840 Speaker 1: paying yourself first. Maintaining good health also requires time for 33 00:02:29,919 --> 00:02:36,120 Speaker 1: physical activity. If you have an active job, great, But 34 00:02:36,200 --> 00:02:39,760 Speaker 1: if you sit all day, then you need time devoted 35 00:02:39,800 --> 00:02:44,079 Speaker 1: to moving your body, and you need that more than 36 00:02:44,080 --> 00:02:49,680 Speaker 1: you need that marginal extra meeting block it in. Schedule 37 00:02:49,720 --> 00:02:56,160 Speaker 1: yourself first so you reap the rewards over time. You 38 00:02:56,160 --> 00:02:59,399 Speaker 1: can also schedule yourself first by devoting time to those 39 00:02:59,480 --> 00:03:03,160 Speaker 1: long term projects that you don't want to die not 40 00:03:03,320 --> 00:03:06,720 Speaker 1: having done. I don't know what it is for you, 41 00:03:07,639 --> 00:03:10,680 Speaker 1: but lots of people want to do things like start 42 00:03:10,720 --> 00:03:14,200 Speaker 1: a business, or write a book or read war and peace. 43 00:03:15,320 --> 00:03:19,960 Speaker 1: If that sounds like you, then paying yourself first means 44 00:03:20,000 --> 00:03:24,160 Speaker 1: putting time for those things on your schedule before you 45 00:03:24,200 --> 00:03:29,000 Speaker 1: take care of everything else demanding your attention. For many people, 46 00:03:29,040 --> 00:03:32,840 Speaker 1: the best time is first thing in the morning. I 47 00:03:32,880 --> 00:03:35,440 Speaker 1: am here to tell you that if you get up 48 00:03:36,040 --> 00:03:38,800 Speaker 1: and read one of the very short chapters of War 49 00:03:38,880 --> 00:03:42,160 Speaker 1: and Piece every morning, which will probably take less than 50 00:03:42,200 --> 00:03:45,280 Speaker 1: ten minutes, you will get through the book in a year. 51 00:03:46,720 --> 00:03:49,360 Speaker 1: You won't really notice those ten minutes in the grand 52 00:03:49,400 --> 00:03:51,440 Speaker 1: scheme of things, just like you don't have to save 53 00:03:51,640 --> 00:03:55,200 Speaker 1: incredible amounts per day to have a reasonably secure retirement. 54 00:03:56,280 --> 00:04:02,200 Speaker 1: But all that time does add up, so it goes 55 00:04:02,240 --> 00:04:06,640 Speaker 1: for all things. If you want to explore entrepreneurial ideas, 56 00:04:07,840 --> 00:04:12,440 Speaker 1: schedule in an hour Monday morning and Wednesday morning and 57 00:04:12,520 --> 00:04:16,800 Speaker 1: stick to it. See how it goes. If you find 58 00:04:16,839 --> 00:04:19,720 Speaker 1: the time is fruitful, you can start adding to it. 59 00:04:20,880 --> 00:04:24,840 Speaker 1: But if nothing else, having that time on your calendar 60 00:04:25,560 --> 00:04:29,120 Speaker 1: will get your brain in that mindset you might start 61 00:04:29,160 --> 00:04:34,320 Speaker 1: having ideas and moving yourself forward. And if you don't 62 00:04:34,360 --> 00:04:40,479 Speaker 1: schedule yourself first, well, all time passes, just like money 63 00:04:40,520 --> 00:04:44,800 Speaker 1: has a way of disappearing. Best to schedule yourself first, 64 00:04:45,720 --> 00:04:49,159 Speaker 1: like you pay yourself first, and you will be far 65 00:04:49,320 --> 00:04:56,520 Speaker 1: richer in the end. In the meantime, this is Laura. 66 00:04:57,200 --> 00:05:00,760 Speaker 1: Thanks for listening and here's to me making the most 67 00:05:02,120 --> 00:05:11,400 Speaker 1: of our time. Hey, everybody, I'd love to hear from you. 68 00:05:11,400 --> 00:05:14,320 Speaker 1: You can send me your tips, your questions, or anything else. 69 00:05:15,080 --> 00:05:18,640 Speaker 1: Just connect with me on Twitter, Facebook and Instagram at 70 00:05:18,680 --> 00:05:25,080 Speaker 1: Before Breakfast Pod. That's b the number four then Breakfast pod. 71 00:05:25,960 --> 00:05:28,840 Speaker 1: You can also shoot me an email at Before Breakfast 72 00:05:28,920 --> 00:05:32,800 Speaker 1: Podcasts at iHeartMedia dot com. That Before Breakfast is spelled 73 00:05:32,800 --> 00:05:35,280 Speaker 1: out with all the letters. Thanks so much. Should I 74 00:05:35,279 --> 00:05:43,360 Speaker 1: look forward to staying in touch. Before Breakfast is a 75 00:05:43,400 --> 00:05:48,120 Speaker 1: production of iHeartRadio. For more podcasts from iHeartRadio, visit the 76 00:05:48,160 --> 00:05:51,960 Speaker 1: iHeartRadio app, Apple Podcasts, or wherever you listen to your 77 00:05:52,000 --> 00:05:56,680 Speaker 1: favorite shows.