Currency of Time Shifting

Right timing is sometimes just as important as the task at hand. Time shifting is the idea of moving needed tasks to a more advantageous time and to leverage resources better. This can be a benefit or if there is poor timing this can be a disadvantage.

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Keep the end result in mind, be task oriented, and flexibility in relation to time can help you meet your goal efficiently.

 

Would you like to have any task to be leveraged to something more effective. Time shifting tasks to the most productive time is a way to leverage timing to reduce costs. To accomplish this an evaluation of supply and demand is needed. Once the time of demand is the least is found in comparison to the supply there is an opportunity to make gains.

If I was to want to buy a Halloween costume I’d wait until the day after Halloween to purchase for the following year. The breakdown of this can be looked at as:

  1. The demand of costumes is at a minimum (the holiday is over and 365 days away)
  2. The supply is briefly spiked; costumes are left over from the previous holiday
  3. Stores don’t want to hold inventory awaiting shipment to warehouses for storage
  4. Storage of items in warehouses cost the stores which eats into profits

This is just one example but, there are many others:

  • driving during non-rush hour
  • buying Christmas decorations after Christmas
  • travel on the off season
  • buying snow shovels in spring
  • etc

 

Stacking – The Leverage Multiplier

Sometimes combining more than one leverage can be enhanced by time shifting. Couponers utilize stacking often to maximize their buying power at the cash register. The coupon user will gather coupons on the target item, when the item goes on sale they utilize the coupon during the sale so they save on the value of the coupon as well as the sale discount. A multiple stack might be a senior citizen discount, store coupon, sale, and manufacturer’s coupon. (With a buy one get one free of course!)

 

Menial Tasks – Menial Time

Often general tasks throughout the day can be time shifted to times of low activity where the time is less valuable. During the morning hour getting up and getting ready for work is a time where many tasks are compressed into minimal time. Typical wake up tasks might be categorized into things that can be moved or things that can’t be moved.

Getting clothes ready the night before rather then during the morning would be a movable task while feeding the kids breakfast may not be movable. The activity time before going to bed may be less than in the morning. How valuable time actually is is varying. While I’m at work my time is worth X dollars per hour, as soon as I’m off work I’m zero dollars per hour. If during the zero dollars per hour time I collect soda cans from the side of the street and returned them for deposit I have just increased my value per hour during the non job time. During the zero per hour time my time is free to me. If I want to sweep my floor it would be best to move that task to a menial time or a time where I would not do anything productive anyway. Do repetitious time consuming tasks during the least productive times for other tasks.

 

Shifting Opportunity-

If I have a 9-5 job, the opportunities available during that time frame are no longer available to me during that time. If I’m able to shift my job to a 7-1 schedule I may be able to go to college during the 9-5 hours. This creates an opportunity by utilizing time shifting.  This type of time shifting decreases the opportunity costs because those opportunities become now available.

 

Pass The Shift Along-

The best shift of time is to see if there is a means to conserve, pass on a task, or eliminate a task all together. all of these things free up time.

Time is a type of currency that can only be spent once. Time is the currency over money, money can buy time. Outsource everything possible. (ie: get someone to mow the lawn; your time is then freed up for a price)

Eliminate clutter – it helps attitude and clears decision making time. Remember clutter can be physical, mental or both. Clutter wastes time. Time is currency.

Don’t waste time: write off the losses – decide what things aren’t needed for your end goals. Fill the time gained with something more productive; not just monetarily productive, but do something fulfilling.

 

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