How do you stop using the time excuse and make more money?
It starts with the all too common phrase, “But I don’t have enough time,” or “I am too busy.” However, if you quickly finish that statement with, “And that is exactly what I want,” you might start thinking twice about those “Too busy” excuses.
Be honest, how dumb does the excuse “I don’t have enough time” start to sound when you end the sentence with “And that is exactly what I want.”
No one of us truly has enough time in a day, we are all limited to 24 hours. And with 168 hours in a week, generally speaking, the average adult will:
- Sleep 56 hours
- Work 40 hours
- Commute, Eat, and Shower 34 Hours.
That leaves 38 hours a week to pursue your dream, make $500 extra, create a side hustle, start a blog, AND still watch your favorite Netflix series while exercising and spending time with your spouse.
However, it is up to you to ultimately decide whether or not taking 10-15 hours a week to spend concentrating on a way to make more income is worth it or not, but it starts with the two words that kill most extra income opportunities:
Why you should drop the lack of time excuse.
In reality when you say “I’m too busy,” more than likely you are really saying three things according to an Inc.com article:
- You don’t care
- You’re inefficient
- You’re not serious about whatever it is you are too busy to do.
Personally, I find it hard to relate to someone who constantly uses the “I don’t have enough time excuse.” In reality, time is not the issue, emphasizing the correct priorities is.
Back in 2011 I had a friend struggling to find the time to workout. In reality it just wasn’t a priority for this individual.
Meanwhile during that same time period I would leave my house at 7am and train my wrestling team 2 days per week. I would follow that up with a full day teaching, followed by football practice until 7:00 then I would spend the next 30-45 minutes working out.
Was it sustainable long term, no way. But did I still find time to workout? Yes.
Working out was a priority to me during that time. I didn’t let the time excuse impact whether or not I exercised, I simply figured it out.
I share this personal scenario not to toot my own horn, but because I was focused on my priorities – work, coaching, and exercise. On the other hand my friend was “too busy” to recognize they could find time to exercise, if they managed priorities.
Rule #1 when it comes to dropping the lack of time excuse, realize you make the time to do whatever it is you choose to do.
We consciously and subconsciously make choices that can positively or negatively affect the results we desire. The kicker is we are just not aware of most of the choices we make (Subconscious) so our time can seem like it disappears.
So in order to drop the time excuse, it starts with realizing you actually have more time then you might think. Being aware of your time instead of filling it up with tedious and pointless tasks is essential to dropping the lack of time excuse..
A psychological way to help you lose the time excuse is when you go to say “I don’t have enough time to do (insert make money, exercise, or whatever),” just say instead,
“It is not a priority.”
This reverse psychology will help you place more value on important priorities instead of letting time slip away.
Hacks to Ditch “I’m Too Busy” Excuse
Here are just a few save time hacks to help you better organize yourself and manage your priorities better so you can dedicate more time to making money to hit financial goals.
Ditch The Too Busy Excuse by Tracking!
Track your time. Bring a little notebook with you everywhere you go and track your unstructured time for one week. You can also download a habits app to track your time if that is easier.
Either way, the goal is to become aware of where most of your time is going. Just like tracking your spending or calories, the main point of this is awareness.
Screen Time or Too Busy?
Real quick, if you have an iPhone, swipe your thumb to the right, scroll down to screen time and just look at it.
This can be a very accurate gauge of where some of your “time” is going. Consider setting limits on things like social media, safari, and other time consuming apps. Also, setup times where you can not use your phone at all (I do 10:30pm to 8:00 am)
Read how to reduce your wasted time by reading this “Time Wasters to Be Aware Of” article here.
Figure Out Your Desk Organization
I once read that the average adult will spend 10 minutes a day looking for stuff, or about 1 year of their lifetime. While I can’t say this is 100% true I do know that being unorganized can consume people's time.
All these little things add up to us feeling too busy. If we can organize our lives we can free up time!
Some simple time-saving hacks is to just organize your desk, counters, and create a simple system for everyday things like your wallet or keys. Placing your keys in the same place every day and keeping your desk clean will make you more productive.
Not to mention, a messy desk isn’t a good look.
>> Use Habit Stacking <<
Too Busy, Not For Big Rocks 1st
Success coach and super entrepreneur Darren Hardy says to prioritize your day around the most important tasks all the way to the least important tasks. He says to focus on one thing at a time until it is done, before moving onto the next.
If you have never heard the story about the big rocks, pebbles and sand, make sure you always fill your jar with the big rocks first (Spouse, kids, religion, health, finances) before you fill it with the sand (TV, social media).
Once you have your time under control and can now redirect your newly acquired free time into time to make money.
Make Money With Your Spare Time
Now what heck you going to do with all the free time you suddenly have?
Just making some simple tweaks in how you approach your day – whether that is organizing your desk or creating a morning routine – can give you enough time to make extra money.
But before you can set out on your way to making more money, there might be one more obstacle to overcome – your motivation level to make extra money.
With 10-15 hours per week to dedicate to making money outside of work, sometimes finding the motivation to do so can be a challenge for some. Here are three quick tips to find motivation to pursue other ways of making more money:
- Think of your biggest financial goal and write it down.
- Imagine your dream trip and how much it would cost
- Make a list of things you want to payoff
Once you find your motivation for making more money using your spare time you will be surprised as to how easy it really is to make an extra $500-$1,000 per month extra.
The benefit of losing the lack of time excuse is not only awareness, but you’re no more privy as to how you spend your time making money. Losing the time excuse doesn’t mean you’re a super time waster, it just means you stop letting time get in the way of what you desire most.
With a newfound emphasis on time, you will not want to just donate your time to any old fashioned way of making money.
So as we part, here is a list of some ways to make more money in your spare time:
- Start a blog
- Start a social media business
- Help friends with their companies
- Turn a hobby into a money-making opportunity
- Walk dogs on Rover.com
- Use skills to consult
- Fill out surveys
Or you can just simply kick back, relax and when you friend asks you to do something don’t say your too busy, just say I am actually just going to sit and relax!
Question: What are some other ways to avoid the “Too busy” excuse?
Josh writes about ways to make money, pay off debt, and improve yourself. After paying off $300,000 in student loans with his wife in less than five years, Josh started Money Life Wax and has been featured on Forbes, Business Insider, Huffington Post, and many more! In addition to being a life-long entrepreneur, Josh and his wife enjoy spending time with their newborn son, their chocolate lab named Morgan, working out, being outside, traveling, and helping others with their finances! In case you were wondering, Josh uses Personal Capital to track his net worth and his first investment account ever was an Acorns account 😎