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Your Most Valuable Possession

Your most valuable possession in the world is a finite resource, forever depleting and once you run out of it you die. Your most valuable possession is your time.

Because of this, time management is by far the most important life skill and one that you absolutely need to master.

If you don’t have time then you don’t have freedom. If you’re time poor then it doesn’t matter how much money you have because you can only spend it on stuff, not on experiences and growth.

So anything you can do to get more freedom should done immediately, because what is life without it?

The first step in time management is awareness, after all you need to know how you’re spending your time before you can start managing it. As the great management consultant said,

“What gets measured, gets managed.” – Peter Drucker

Time-Tracking is Vital for More Freedom

I’ve been time-tracking daily for a few years now. It’s been one of the best habits I’ve created and now I’ve kicked it up a notch. It seems every successful person tracked their time like Charles Darwin, Benjamin Franklin, Sigmund Freud and more.

One of the reasons for this is because it’s a foundational habit – this means that improving this habit makes other positive habits easier. After all, if you can’t manage your everyday life then how can you expect to go to the gym, work, read, socialise AND get in a good night’s sleep?

Time-tracking also gives you an overview of your current life focus – are you putting in adequate time into the most important areas of your life, be it work, family or your health? For example if you only spend 1% of your time with your family, it’s much more difficult to build a strong relationship with them.

This lights a fire underneath your ass to make sure that you’re spend more time on the things you truly desire in your life – whether it be more time to spend with loved ones, on your hobbies or just to sit and meditate.

On the flip side it sparks your creativity to streamline or stop doing activities you dislike, which will make it far easier to roll out of bed in the morning.  By time-tracking you are shining the light of awareness on the chains that have been slowly attached in the dark.

Tracking how you spend your time even makes you happier because you gain realistic expectations. You learn exactly how long it takes to complete any activity (the amount of time you spend doing nothing for example may surprise you), allowing you to plan out your day better and still get everything done.

Gaining this knowledge of how you spend your time reduces disappointment, since you can see a direct link between the time you put in and the results you get out. And by avoiding these letdowns you prevent giving up on your goals and instead success becomes automatic, since you know that all you have to do is put in the hours.

There’s more than enough reasons to do time-tracking and gain more freedom, so what’s the best way to start tracking your time?