Money is infinite. If you lose money, you can always earn more. Time doesn’t work like that. Once it’s gone, it’s gone forever. So whenever you can trade money to buy time, you should do it.
There are even scientific reasons to buy time. According to studies, buying time promotes happiness. But how do you do it? Depending on your disposable income, you have a few options.
Ways to buy time:
- Get a housecleaning service. Pay a service to do your dusting, vacuuming, and scrubbing.
- Hire a gardener. Get someone to mow your lawn and prune your bushes.
- Outsource repairs. Hire others to repair your appliances, house fixtures, and car. If you rent, hold your landlord responsible for home repairs.
- Pay for faster transportation. Fly instead of drive. Opt for direct flights. Pay for priority parking.
- Get an assistant. Hire someone to keep your schedule, make your appointments, and run your errands. If that is out of your price range, try online services.
- Outsource work. Hire freelancers to research, edit, write, design, code, or do whatever else you need done.
- Cut down on commute time. Pay more to live closer to work. Or quit your job and find one that allows you to work from home.
- Pay someone to cook for you. Order out for meals. For a healthier (and more expensive) option, hire a personal chef.
- Retire early. Be frugal with your spending. Save as much as you can. Invest wisely. Retire early so you can spend time doing what you want and not what you need.
Not everyone has the disposable income for some of these options. But there are a handful of things you can do to free time without spending money.
Ways to free time without spending money:
- Automate repetitive tasks. If you need to do it more than twice, find a way to automate it. Set up autopay on your bills. Write scripts for repetitive computer tasks. Use automation software.
- Streamline decision making. Author Neil Strauss eats the same lunches from the same restaurants every week. He does this so he doesn’t have to spend time choosing what to eat. The decisions are made for him. Find ways to cut down on your decisions.
- Stay healthy. By eating healthy, exercising, and regularly visiting your doctor, you can add years to your life you might not otherwise have.
- Stay on task. Manage your responsibilities in a timely manner, so you can move on to tasks you enjoy.
It’s up to you to decide which strategies you implement. Some things you might actually enjoy doing. Others you will want to outsource. If you enjoy cooking, don’t bother ordering out. However not many people enjoy dusting and vacuuming, so you might want to hire someone to do the housecleaning for you. Like most decisions, the more money you have, the easier they are to make.
Now take the time to choose what you want to outsource. Do it for your own happiness. Go task by task, deciding what you can and can’t afford, what you enjoy and what you don’t. Don’t limit yourself to the tasks in this post. The more time you buy, the more time you have to do the things you love.