; Can_You_Overcome_Time_Poverty__The_Real_Possibility_of_Achieving_More_while_Working_Less
Documents
Resources
Learning Center
Upload
Plans & pricing Sign in
Sign Out
Your Federal Quarterly Tax Payments are due April 15th Get Help Now >>

Can_You_Overcome_Time_Poverty__The_Real_Possibility_of_Achieving_More_while_Working_Less

VIEWS: 2 PAGES: 5

  • pg 1
									Title:
Can You Overcome Time Poverty? The
Real Possibility of Achieving More
while Working Less

Word Count:
596

Summary:
There is no question about it - Ame
ricans are running out of time. Fa
mily dinners are a thing of the pas
t. We run from appointment to appo
intment, take work home, and cram l
eisure time into short bursts of st
ress filled moments. The question
is, how did we did get into this pr
edicament? It certainly isn’t beca
use we are inefficient. In the pas
t 25 years, economists estimate tha
t productivity has increased by 70%
 or more. We have overnight delive
ry, cell phones, fast food, and ins
tant messaging. Shouldn’t our abil
ity to get more work done give us m
ore time? Where does all this “extr
a” time go?


Keywords:
time, time management, poverty, time
 poverty, work


Article Body:
There is no question about it - Ame
ricans are running out of time. Fa
mily dinners are a thing of the pas
t. We run from appointment to appo
intment, take work home, and cram l
eisure time into short bursts of st
ress filled moments. The question
is, how did we did get into this pr
edicament? It certainly isn’t beca
use we are inefficient. In the pas
t 25 years, economists estimate tha
t productivity has increased by 70%
 or more. We have overnight delive
ry, cell phones, fast food, and ins
tant messaging. Shouldn’t our abil
ity to get more work done give us m
ore time? Where does all this “extr
a” time go?

According to Dr. Bill Quain, we are
 spending too much time at work, an
d not enough time on the things we
really want to do. Americans in th
e 21st century work more hours than
 peasants did in the Middle Ages, a
nd spend less time at home with the
ir families because of it. We are b
usy staying busy, but all that work
 doesn't always translate to a bett
er lifestyle. Our debt is up, and
our leisure time is down. In fact,
 we don’t even take the leisure tim
e we’ve earned.   More than 25 perc
ent of Americans will take no vacat
ion days at all next year.

Dr. Bill Quain, an experienced auth
or, businessman, university profess
or and speaker prescribes a cure fo
r the whole treadmill syndrome. Dr
. Quain, known as “The Time Doctor,
” says he is the first person to re
ally solve the time problem. His b
ook, “Overcoming Time Poverty: How
to Achieve More by Working Less”, d
oesn’t cost much or take much time
to read. But it explains a system
for gaining not only more free time
 but also more wealth, with less work.

While many popular authors and busi
ness experts recommend taking more
time off from work to improve your
quality of life, Dr. Quain says tha
t can be a prescription for disaste
r. “Most people trade their time f
or money,” says Quain. “If you wor
k less, you make less! Then, your
quality of life suffers.” In his b
ook, he describes a simple, five-st
ep process to create more leisure t
ime, with the money to enjoy it.

According to Quain, the process of
overcoming time poverty is differen
t than for overcoming financial pov
erty. Financially poor people don’
t have money, but time poor people
do have time. “We all get the same
 – 24 hours per day. It isn’t a la
ck of time, it is the way we use th
at time that matters,” says Quain.

How should we use our time? “Don’t
 just trade your time, hour by hour
, for a paycheck,” he says. “Use s
ome of your time to create equity,
and then let the equity make money
for you.” In his book, Quain shows
 readers how to develop five kinds
of wealth-and-time generating equit
y. Instead of working more hours,
people can now increase the value o
f each and every hour – giving them
 more choices as to how they spend
their time.

Quain says that most of us are just
 playing the wrong game. We work ha
rd to make money, and then work mor
e hours when we want more money. S
oon, we have money, but no time.

It is time to play a new game -- ma
ke more money in less time. Take a
 job you like, but get off the "fas
t track" at work. Then, leverage y
our time equity outside work to com
bine the income of a CEO with the l
eisure time of a retiree.

And that sounds like a perfect pres
cription for coping with the time c
hallenges of the 21st century.

								
To top