Every year, the National Bureau of Labor releases a report that outlines how people are “spending” their time. I’ve always felt that the key word was “spending.” Imagine if you had $24.00 to spend. Every hour is a $1.00, every half-hour $0.50 and ever 15 minutes $0.25. So when all you have is $24.00…and only $24.00 (we don’t get more time in a day), how you choose to “spend” that time gives you an idea of where your priorities are at. The WSJ released a tool a few weeks ago that lets you identify how much time you spend in specific categories; for example sleeping. You can then compare your time allocation to the National Bureau of Labor averages. Check it out. I think you’ll be surprised with the data.
While the WSJ tool lets you see a nitty gritty analysis of time, let’s take this to a simple high level overview. If you work 8 hours a day and sleep 8 hours a day you only have 8 hours for “you.” Let’s break apart those 8 hours. How about 90 minutes for meals and another 90 minutes for “getting ready” and 1 hour for your commute. All of a sudden you have 4 hours left.
Do you work out? Do you own a dog? If so, take off another 90 minutes. Now you have 2.5 hours left. Take out the 30 minutes for miscellaneous socialization (email, Facebook, personal calls, etc.) and you have 2 hours. Keep in mind, I haven’t even touched on things like watching TV and I think we all know that we work more than 8 hours.
What would you do with those 2 hours? Who would you spend it with? Where would you go? What would you borrow from to increase your “you” time? Something to think about.