726 - Time, Money, and the $300 Million Impact of Household Productivity

You understand the value of money but do you concretely understand the value of your time? I'm breaking down how much your time is worth and the value of the time you are saving managing your house with the Sunday Basket®.

The Value of Your Home in the American Economy

As consumers, home small businesses, we contribute roughly 19-21 trillion dollars to the American GDP. That's 68% of 32 trillion dollars!!! Bet you thought it was all the big companies on the stock market - wrong! Where we spend our money matters. Having a plan in place matters too. But do you prioritize making the plan of that spending?

The Value of You in Your Home

Let's say in your 20's you can get a job for roughly $20/hr. And in your 50's for roughly $50/hr. This is just for example sake. Ok and it's been said many times that an hour spent planning is five hours saved in execution. So then I say, ok, you take one hour to process your Sunday Basket® which equals 5 hours of time saved due to planning and batching all the small administrative and managerial tasks into one chunk of time. So, if you put yourself making $20/hr. You save $100 worth of time each week or if you like the $50/hr. better (or you give yourself a raise for improvement of implementation of the Sunday Basket over time), it's like $250 worth of time saved each week. $400-$1000/ mo.!! You are valuable!

Six Weeks after you purchase your Sunday Basket® we start a clock. We estimate five hours saved per week per Sunday Basket® owner which over time has accumulated to 15.5 MILLION hours of time saved since the Sunday Basket® has been available. I was like what is that in monetary value? It's $310,000,000 at $20/hr. Can you believe that? When you know how much your time is worth and the value of the Sunday Basket, you will make the time, 90 min on Sunday, to save time, 5 hours each week.

One more component to the effectiveness of the Sunday Basket® is making the way you are spending your time visible. You won't write down on your schedule to be in two places at once just like you can only spend money one time. It helps you to prioritize what goes in each time block and helps you to see if you need to reschedule in the event you verbally double book yourself.

Community Feedback

A community member wrote in with her "ah-ha" about the Organize 365® Systems. She noted that each system has periodic review maintenance. Like when we do prep for Planning Day. She pointed out how your brain gets little reminders of what you have and where it is during these maintenance activities. Your brain doesn't have to worry because there's a weekly review with the Sunday Basket® and a review each trimester for the long term archiving of paper work and projects. So your mind stays soothed. Next week we'll continue in this 4 week series about task stacking.

EPISODE RESOURCES:

• The Sunday Basket®

• The Paper Solution®

• The Productive Home Solution

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