One of the conversations that eventually happens with anyone I have ever mentored is the useless idea of splitting pennies. The expression is meant to explain how at times we spend too much time and effort attempting to save on things that make very little sense.
Because I don't want anyone to think I'm trying to dismiss the importance of being smart with your money, I'm going to attempt to describe this in the simplest way possible. But before doing so, let me lay some groundwork for my point.
The mistake we make when we are splitting pennies, at least in my opinions, is the one were we stop placing enough value to our time spent. What I mean by this, is that in everything we do, every work we put towards a task is not only measured in outcome and results, but also in the time it took for us to complete it.
You could say that time is subjective, and that argument is semi valid. But the idea behind optimizing our time, our efforts, comes with the correct management of our finite resource, our time. As we know, there is absolutely no way that you could get a refund for any time you have ever wasted, as a time machine is still not in production, and even then it's still not the same thing at all.
If we value our time, then we must be able to decide between the things we are doing, the things we need to do, and the things we must learn to either ignore or delegate. Once we learn this balance, we become more effective at our jobs, and more productive in life in general.
To give a concrete example: If a lawyer makes two hundred dollars and hour, but he chooses to not work today because he needs to clean his car. If the thought process behind that is saving the $40 dollars from the car wash place, he effectively lost $160 dollars.
I grant you that life is not full with such clear examples, and some of them require a little more analyzing. But in many ways many of us fall for the same mistakes.
In my view all transactions, whether commercial or not need to be thought from that perspective. Understanding that someone who values his time, values it enough to be aware of this little predicaments. If we learn to value our time, to put effort and energy in our strengths and not our weaknesses, we will find a new source of abundance, and even more importantly a Happier life.
Wishing you all a beautiful week
it is just determining what to priority first basing on the most important thing as a reference. If we consider income as our reference then we do first the thing where we earn more but this is directly opposite if we choose another reference to consider.
Time management is more important if you want to succeed in your life.
nice
The best time management is put a upvote in my reply for don't be a wasted time doing it, i'm right? XD
hello dear, i am new here.. it would be so nice of you to follow me and upvote my blogs... waiting for ur positive response.. thank u
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Hi @chbartist ..... Nice your blog is very hot and your steemit rank is 71 after 6 month good job. I like you... Thank
@Vikashvgm
Well, he put in a lot of money and a little effort.. So from that perspective it is a good job in terms of ROI... In using the platform as it is intended to be used is a less good job...
wow, So from that perspective it is a good job in terms of
ROI ,Return On Investment :)
You are right, this is more about investing money than post quality.
Wonder why so many people are in awe about that.
They are just happy to lick ass, this is how steem works.
Yes unfortunately it works that way. The bad thing about it is not that people make money the wrong way, but that people who were here to play by the rules get frustrated by seeing not much reward to their posts and a lot of rewards to useless posts, and then leave the platform.
True, I'm one of them and investing in STEEM is officially my worst mistake so far. I wish I could quickly withdraw my funds, but they are fucking trapped.
I am conflicted about that one too. I have not invested any fiat in Steem, just free faucet coins and rewards from posts. That is not the fastest way to let your account grow, but it feels like I can walk away whenever I want without really losing anything. But what to do with my SBD, turn it into SP and by doing that lock it, or just keep the SBD for who knows when and what. It is not a large amount yet, but it is growing.
i am new in this platform, sir may i know how we invest in this platform and earn more.please reply
You can take a look at the transaction of every user by looking at their wallet. You will see they send huge amounts to several upvote bots. The bots will upvote for even more.
This is mostly done by people who can't make a decent post, but want to earn some money.
It is not what the platform was created for, but it does leave room to use it that way.
Yeah he's indeed doing a great job
https://steemit.com/billgates/@techbro1/bill-gates-dishes-eyebrow-raising-claims-about-meetings-with-trump
On the flip side people seem to not worry enough about saving money on big things like houses and cars. Americans waste a lot of money buying or leasing new cars every few years.
Well, I must agree though I think buying cars is not a bad thing. We just have to make sure money is well managed before buying a car :)
Buying certain cars can be a great investment. I dunno about a $100,000 luxury car that loses half it's value in 4 years though. lol
Yes, you are right. Many times we focus on the urgent and leave aside the important, thus wasting all our resources on less productive things. In my blog I also have some post about self help, but for the Spanish speaking community. From today I follow you and I will be more aware of your publications. Bye
There a time determianado for each of our actions, but if we use the time for whatever, regardless or give the value it deserves, we will be planting seeds that will not give good fruit in the future, and only those who manage to see the value of this , who manage to see the weaknesses that slow them down and steal the time, these that manage to see that way will be filled with a lot of prosperity in the soul, and in all the areas...
You are such a good mentor, ever positive and visionary...thanks @chbartist for sharing your strategies to us...
Time is everything.. If one doesn't kno how to use his or her time at the end of it all we achieve nothing.time is precious and very important. Thanks for the great motivation @chbartist
Time is like everything indeed in this world. I wonder what will be this world look like if there's no time at all?
Boom. This is so true. I value my time and prioritize enjoying my free time over saving a few pennies on a small deal.
If we value our time, then we must be able to decide between the things we are doing, the things we need to do, and the things we must learn to either ignore or delegate. Once we learn this balance, we become more effective at our jobs, and more productive in life in general.
great work
hello @ chbartist fantastic your blog and steemit reputation 71, spend your time just 6 month wo great job bro. i,m read your blog time management and i,m promiseded you follow your time management process. Thank you share your most valuable knowledge.
Looking from another perspective, actually spending money wisely is nothing but saving money.
In reality, you can save more money by spending wisely than by any other way as there is no end to spending.
You have to spend a day in and day out.
Mostly we make purchases spontaneously for the things we believe we require.
In fact, this is not true.
You can enjoy a 1 Coke bottle, but usually, we buy two of it.
And this is purely spontaneous emerging out of your buying habits which are probably not in your control.
So, firstly we have to recognize the fact that we actually do not require all the things that we buy.
This is the first step in spending your money wisely.
So, before you buy a new set of clothes, gadgets or accessories do consider if you really require that much.
thank's for the knowledge man..this help me to focus more on my goals ..again thank you
very true! every minute of our lives counts!
Every seconds count !
God's time is perfect and we must take advantage of it with things that lead us to success, greetings and thanks
Hope I'm not wasting my time curating here on Steemit!
Re-steemed you.
-exp
Lol
When we start to see each day as one less day of life, instead of one more day, maybe our sense of time and priority will be better, we cant reach everything we want to do, but we can choose what to do with our limited and precious time.
Nice example about car and work, life is simple, the problem is than we use to make it complicated...
Good work, Time management is important.
@chbartist, Your hjst is nice
+100
i like to glue pennies to the ground
Now there's a new meme out there somewhere with those beautifully spoken words....
True Talk Bro! Time is the greatest resources God gives to man every day. How we invest it, is simply up to us.
also a penny saved is a penny earned
Really Simple but great issue
Time is everything.. If one doesn't kno how to use his or her time at the end of it all we achieve nothing.time is precious and very important. Thanks for the great motivation @chbartist
nice blog
Absolutely amazing words for the effective time management strategy, actually when we are thinking of some work to be done it is not only the money matters but there are many more factors which work within our mind and heart (significantly). Just like the example of the lawyer in the article, may be he is loosing $160 but he may be enjoying the carwash by himself & subsequesntly he is taking a brake from the tension filled office life for few hours and the same would be worthless in his eyes. Some people said to me that if you want to be rich or successfull you have be calculative like that but in my eyes I cannot prefer to be rich over my happyness always.
However everybody is having his personal view and I really liked the way you expressed. Upvoted>>>
This post!
really nice post, thanks for sharing 😊
Hey OP, ever tried to make it to trending without paying thousands for it? Guess what, it would never happen with this kind of abstract, useless post that nobody wants anyway.
His posts are all garbage, the people kissing his ass here for comment upvotes make me sick
This is the steemit population for you - it's full of scum who's only here to kiss asses (in poor English mostly) for a ghostly hope of a worthless upvote. Pathetic.
I started my power down yesterday, I'm giving up. Unless they bring in a one account = equals one vote we are always going to have trending full of garbage like this guy, who is willing to take a loss from buying votes just to stroke his ego or whatever. This post isn't worth 10 cents, and he wouldn't even get that if he didnt buy votes
I hear ya and would do the same way earlier if i was smarter. Shoulda gone short back in January. As things stand now, it's not a good time to sell, I reckon.
imagine if that money was sent to feed, shit, i dunno, 200 Venezuelans for a week instead
shrug
It is useless think that venezuelans invest in anything and gain "much" money for nothing, only to eat, that's is sad and useless.
nice
Steemit is pay to win. Unless you already have an established following already.
There is no "win" with an always-falling price. You pay 1000$, get your 5 minutes of glory and get back 800$ in a week. Part of it is locked for another 13 weeks. No sign of a win here.
Very nice
Your mom is nice
You're an excellent author!
Good post. I followed you and upvoted as well. Please reciprocate.
You got a 60.85% upvote from @postpromoter courtesy of @chbartist!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
good i am following you and voting you please follow and vote me back
Someone once said,
When you are young you have energy and time but not much money. When you are middle-aged you have money and energy, but no time.
When you are old you have time, money but not much energy!
I guess getting the right balance is the most important thing.
parsonaly i like your blog.
@chbartist after a long time you posted are you ok sir ???
The basic fact is that to manage your time better, you need first to assess how you’re currently spending it. Problem detected is half solved.
Very good @chbartist I like your post
Priority is the sole of business because it's gives you Maximilian achievements under estimated time
Support big time
In fact great me no won't be great without that
In many ways, the case depends on a person's self-esteem, trainings in fashion books do not correct psychological trauma and improper education. To live for the sake of earning money and comfort or just to live enjoying every minute of this process, everyone decides for himself, but I know - it's easier to say about this than really start to enjoy life, the strength of the habit to the chosen way of life is too great and it will be rebuilt very hard, and in some cases scary .
Apart from the upvotes and resteems., steemit is not a place we just blog for money only., I must say that the few days I've been here I've learnt alot already and putting my life together in a better way through steemit blogs. Money can't buy this piece. Thanks @chb-artist
steemit is not a place we just blog for money only
Believe me, it is the only reason why he is on Steemit, for the money... Proof is his excessive (ab)use of bidbots and therefore 'phishing' for upvotes from all the people that reacts to his posts.. That is the only reason his rep exploded to 71 in such a short period of time... Of course I understand all the 'o your so great, I like your posts etc'. but that is only because everyone tries to get a piece of 'his' pie... But the truth is, he is only here for gathering as much money as possible.... Just check out his 'investments' compared to his revenue.....
Well, sorry to burst your bubble but I think it's the other way round. It's not necessarily a bad thing, other social platforms do the opposite - they make money on users post, so I think steemit is waaay better, because it at least allows you to earn your share.
Very practical advise. Sometimes we forget to do more productive tasks while keep doing trifles. -thanks for your clear explanations.
@chbartist I want to convey that We expect that our starter endeavors were sufficient. We surmise that "adequate is sufficient" a missing a basic open door as a result of it.
Hi...Chbartist Sir.... Really you are writing good article in your own way....that inspires the other steemit member to do hard work and think about the article many times before writing.
https://steemit.com/travel/@bichen/take-you-to-china-for-travel
Nice Post
Well said about the time management and its importance ,as many do not know the value of time and regret in their last stage of life for not utilising in proper manner.finally ur blog is awesome
Jajaja !Que interesante hermano! Me encanta esto "El error que cometemos cuando estamos dividiendo centavos, al menos en mis opiniones, es en el que dejamos de poner suficiente valor al tiempo que pasamos" !Eso es correcto! !GRACIAS!
good i am following you and voting you please follow and vote me back
i like your blog. it help to learning more. Thanks you very much!