The 7 Best Ways to Invest Your cash

The 7 Best Ways to Invest Your cash

Then we turn around and spend hours watching awful television that we aren’t even interested in. Or 45 minutes on the phone with customer support trying to have a $5 charge reversed. Or years in a relationship or friendship that we no longer feel fulfilled with.

1 Make an investment in “Life-Extending” Time

But I’m persuaded that it’s not through a lack of good will that we frequently see time as our most fungible asset. (After all, there’s certain to be more where that came from, right?) Not quite.) I believe we just become too busy to consider it, or we do not believe we have the means to make extra time in our life. We do, however, have the resources. All it takes is a new perspective on how we spend our days.

2 Make an investment in “Foundation-Building” Time

I’ve been thinking about time as a physical asset that, in many waysis similar to money, and about ways to spend our time to generate higher returns—better memories, more hours well spent, even minutes that nourish us rather than pass by. Following much research, experience, and contemplation, I have identified the seven finest investments you can make with your time. Consider them to be blue-chip time investments.

3 Make an investment in “do-nothing” time.

Investing time in your health is a no-brainer that will undoubtedly provide you more time, literally—days, months, if not years more to your life. However, we frequently take our health for granted until we are confronted with a rude awakening. Proactively spend your time in your health by eating correctly, exercising regularly, getting lots of rest, and visiting your doctor on a regular basis. I recommend that you invest your money with zeal.

4 Make an investment in “System-Creating” Time

There’s an old adage that “a stitch in time saves nine.” Make the time to do the appropriate stitches, and you’ll save a lot of time, trouble, and money in the long run. This is a notion mentioned by Stephen Covey in his book The 7 Habits of Highly Effective People. According to him, we spend the majority of our time doing four things:

Americans may benefit from a taste of “La Dolce Far Niente,” or “the sweetness of doing nothing,” as perfected by the Italians and many other civilizations. According to social psychologist Robert V. Levine, author of A Geography of Time: On Tempo, Culture, and the Pace of Life, we don’t believe our time is properly spent in America unless we’re either creating or consuming.

5 Make “Cushion” Time a Priority.

Making minor changes to your life has been shown in happiness psychology study to increase your happiness enormously. Installing a keyhook at the door, for example, will save you from spending five minutes every morning looking for your keys. Or organising your closet so you can see everything and don’t have to spend 20 minutes every morning deciding what to wear. Alternatively, coming up with a

According to a 2010 research published in the Association for Psychological Science, wealthier individuals are unhappier because they have a weaker “savouring capacity” (the capacity to enhance and extend pleasurable emotional experiences, such as soaking in the hues of a sunset or tasting a cool beer). Having access to the greatest things in life appears to be beneficial.

You wouldn’t keep spending or investing money if you didn’t evaluate how things were going every month, quarter, or year, and the same should be true for your time. It’s up to you how regularly you decide to take stock, but a decent strategy may be:

Five minutes every day to ensure you’ve spent time on at least one item on this list.

15 minutes every week to go over your previous week’s agenda and wh

One hour every month (or two to three hours every season) of quiet time with a diary to reflect on the previous season, how your time felt, and how you’d like to invest your time in the current season—this can complement the pacing of the period. For example, the holidays may imply greater family investment time, the new year may be career-focused, and summer may include a significant amount of leisure time.
One of these days, a yea

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