The Bank of Time

Posted by Aaron West at 3:09 PM in Productivity, Personal

I was watching Merlin Mann's Time and Attention Google Tech Talk (March, 2008) earlier where he talks about reshaping the stuff that comes at you to optimize your time, attention, and ultimately your results. Listening to him talk about renegotiating yourself and to whom you give your time and attention as well as redefining the culture of your team reminded me of The Bank of Time. I first heard The Bank of Time in 1996 while in college and it's something that stuck with me and has resonated throughout my life since.

The Bank of Time If you had a bank that credited your account each morning with $86,400, but carried over no balance from day to day, and allowed you to keep no cash in your account and every morning canceled whatever part of the amount you had failed to use during the day, what would you do? Draw out every cent, of course!

Well, you have just such a bank and its name is Time. Every morning it credits you with 86,400 seconds. Every night it writes off as a loss whatever of these you have failed to invest to good purpose. It carries no balances. It allows no overdrafts. Each night it closes the record of the passing day. Each day it opens a new account with you. If you fail to use the day's deposit, the loss is yours. There is no going back. There is no drawing against the morrow. You must live in the present - on today's deposit.

Invest it so you get the most in health, happiness, and success.

Are you drawing out every second of your day? What can you do to better manage your time and make the most of today? Ask yourself these questions and answer honestly. And if you want to learn a few tips to capitalize on your 86,400 seconds check out Mann's Time and Attention talk.

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This entry was posted by Aaron West on January 2, 2009 at 3:09 PM. It was filed in the following categories: Productivity, Personal. It has been viewed 4261 times and has 2 comments.

2 Responses to The Bank of Time

  1. Yea, but who has 30 minutes to watch a talk on time management? Heh :).

    I've been thinking about how I use my time and how to best use it, mainly evenings and weekends. The thoughts really aren't so much about how to find the time to do everything, but about what should I spend time on? Obviously the needs and commitments come first, but then I must decide between the wants and somehow prioritize them.

  2. It is so easy to choose between important and not-important, or good and not-so-good things. The hard decisions come when you have to choose between something really good and important, and something even better. This is where I spend my 'deciding' power these days. Even tossing out the junk, I still have more to do than one person should willingly agree to... add in health and fitness, and all things not-on-the-computer, and life becomes a solid series of choosing between multiple high priorities.