# Is It True: Time Is Money?

Now days everyone is busy like never before. You will not see a single person (Including a small kid) with free time. Area where a person spends time varies from person to person. One thing which GOD has kept common between all of us is the amount of time available with us. Now in provided time span of 24 Hours everybody is earning their bread & butter. Let’s do calculation of 24 Hours available with us.

 Total hours in a Day 24 Hours Min. Sleep required 6 Hours Balance Hours 18 Hours Time for Morning Routine (Like Bath, Breakfast) 2 Hours Time for Lunch & Dinner 1 Hour Time spent for calls (Average) 2 Hours Time spent on FB, Whatsapp etc 1 Hour Effective Hours for Productive Work 12 Hours

In short in a day, 50 % of your time is non-productive.

In my above calculation I have not considered time spent on following things :

1. Attending functions of friends , family , relatives
2. Holidays with family
3. Time spent in queues at Railway Counters , Cinema Theaters etc
4. Illness

Now suppose I take my own example, I have completed 26 Years of my age & presently people die at a average age of 60 years ( I will not be an exception ) , so I have 34 years balance of my life. Based on my above calculation, I have just 17 years which are productive.

Now suppose , I have target of Earning 50 Lacs/p.a. Assuming there are just 360 days in a year , I have to hit my target in 180 days i.e. 180*12 = 2160 Hours which means every hour I have to earn Rs. 2315/- per hour .

It is said that “WINNERS DON’T DO DIFFERENT THINGS THEY DO THINGS DIFFERENTLY “.

From this you may judge how TATA, AMBANI, BIRLA’s have used their time in their young age & living a lavish life today.

So don’t waste a single minute. Time is money, REALLY.

Image courtesy of Mister GC at FreeDigitalPhotos.net

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Category : Income Tax (27489)
Type : Articles (16954)
Tags : Financial Planning (464)

### 0 responses to “Is It True: Time Is Money?”

1. Namita Inamdar says:

Yes Sir, Its true. But everyone have different perception towards life. Enjoy every moment of life, instead of hitting the targets.

2. Bhattsir says:

Dear
If you can add other’s our in your life than it’s easy to earn more
Multimillionaires doing the formula
for detail you can contact
09825625501
Bhatt

3. Deepak Garg says:

Really True

4. Anoop says:

sir exactly time is money,however money is not everything,money can not give happiness, enjoy which you can feel good with your parents, your own family, friends—–in Indian 1% have more money than they deserve however 60% have not much money to live with even meal/food etc. every rich man become rich on getting money from poors

6. Renjith M.G. says:

CALCULATION SHOULD BE 280*12

7. Venkat says:

I completely agree with Giftson. Its about perception. Though author’s attempt on motivation is commendable, but perception always differs. I don’t think Tata & Ambani’s value the time in terms of money. Because for them money may not be motivator (Though I felt bit uncomfortable to see these stalwarts standing in a queue to meet US President). Simply its all about perception.

Time is more important than money.
So in tense term “Present” gift given by God to everyone,in same size.

9. Y K TRIVEDI says:

ITS TRUE AND VERY CALCULATIVE & CORRECT,, BUT MOST OF THE PEOPLE DO NOT KNOW HOW TO USE THIS PRECIOUS TIME WHICH EVERY ONE OF US HAVE EQUALLY.

10. Jigar says:

That’s True

11. srinath says:

That’s a very nice way to portray the significance of time.