Last night I saw an excellent comedian. He was the headline act at my local comedy club, and he was so funny, the compere insisted that he come on to do an encore, and the first thing he said when he came back on stage was “I love unpaid overtime”. As I write, I am just finishing up some unpaid overtime at work myself.
The concept that time is money is often bandied about and can be used to justify spending money to save a little time. I like the idea, though, that if I invest a little time, I may gain a more money. Not so much in connection with my job, but the unpaid overtime that my finances seem to demand.
The time that I spend in reading about investments, and monitoring my spending, and opening and closing new accounts, feels a lot like overtime, when all my finances really demand is that I pay all the bills. And it certainly doesn’t pay at a nice hourly rate and I don’t see an obvious return for my time.
As at work though, the hours that I am spending in unpaid overtime should reap their rewards as long as I don’t over do it. Spending time at work to get the thing right within the deadline, makes everyone happy and enhances my skills. Spending time ensuring that my finances are running in top condition, should ensure that I have the best possible chance of having a successful and secure future.
- five steps: step 5 invest in the future
- overpaying the mortgage or investing for retirement part 1
- overpaying your mortgage or investing for retirement part 2