Broker Check

How do you spend your 168?

| June 27, 2020
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When I sit down to write to you, my goal is to hit one of these tenets: 1) Be Positive; 2) Make It Useful; and 3) Try to Make It Interesting.  If I hit all three, that is just a bonus.  When choosing a topic to share, I realize that every single person will not find it interesting or useful though.  We are different after all.  But for these letters, I am trying to focus on our similarities as much as possible.  For today’s topic, one undeniable truth that we all have in common is 168. 

 

My goal is to help make some of your 168 a little more positive, useful, and interesting. 

 

What is 168?  It’s simple: 24 hours in a day, seven days a week, gives us 168 hours in one week. 

 

I came across this article recently that gives us a little glimpse into how some people spend a portion of their 168 hours.  The author uses the term “compound time” which caught my attention.  With investing, most of us have heard about “compound interest” -- making our money work for us.  But what can we do to compound our time, and make it work for us too?

 

Here are the six key “hacks” from the article:

  1. Keep a journal. It could change your life.
  2. Naps can dramatically increase learning, memory, awareness, creativity, and productivity.
  3. Only 15 minutes of walking per day can work wonders.
  4. Reading is one of the most beneficial activities we can invest our time in.
  5. Conversation partners lead to surprising breakthroughs.
  6. Success is a direct result of the number of experiments you perform.

 

If you want to read the details of each “hack”, check out the article for yourself:

(NOTE: If you use Internet Explorer, this link has issues.  You can copy and paste to get it into either Chrome or Microsoft Edge.)

 

https://www.cnbc.com/2017/10/10/why-successful-people-spend-10-hours-a-week-on-compound-time.html?__source=iosappshare%7Ccom.google.Gmail.ShareExtension

 

 

Please remember that we are “here” and available for you.  If you have any questions or concerns, financial or otherwise, please do not hesitate to call or email.  If you have friends, family, or neighbors you feel would benefit from a conversation with me, I’m more than happy to have a call or jump on a Zoom meeting with them. 

 

As always, I hope that you are doing well, and staying safe & healthy! 

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