5 Easy Ways to Trade Money to Get Back Time

Jenna Kutcher 

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June 7, 2023


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I always think about my life like a series of seasons, and each one brings a different main value to the forefront. In some seasons, money becomes the king, and we’re willing to trade our time for it. You see this a lot when you’re just starting up a business or when you’re going through big changes like pivoting or launching something new. It’s the harsh reality of the game.

But here’s the thing: once you’ve achieved some level of success or financial freedom, you start to realize that time is the real treasure. You’d gladly give up some of that hard-earned money to get back those precious moments. I always think about it like this—time is a non-renewable resource. Once it’s gone, you can’t get it back. Money, on the other hand, you can always find a way to earn more.

As we go through the different seasons of life, let’s keep in mind this profound truth about time and money. The goal is for us to find that sweet spot between chasing financial stability and preserving our most valuable asset—time. 

This episode is to help you make conscious choices that align with that value–with 5 ways to trade money to get back time to do the things that matter most. Let’s dive in!

1. Delegate Administrative Tasks

Hiring a personal assistant, virtual assistant, or even outsourcing certain tasks can be a game-changer when it comes to freeing up your precious time. LAccording to a survey conducted by Harvard Business Review, executives spend around 48% of their time on administrative tasks! Having someone to take care of those pesky administrative tasks can give you the freedom to focus on what really matters, like strategic decision-making, business development, or other core responsibilities. 

Imagine this: instead of getting bogged down in scheduling appointments, responding to emails, or managing your social media accounts, you could pass off those responsibilities to someone else. Whether it’s a personal assistant physically present in your office or a virtual assistant working remotely, having someone dedicated to handling these tasks can be a huge weight off your shoulders.

And let’s not forget about content creation. Whether you’re a business owner, a content creator, or just someone who needs to maintain an online presence, generating high-quality content takes time and effort. But guess what? That’s something you can delegate too! Whether it’s writing blog posts, creating engaging social media content, or managing your website, a skilled assistant can handle these tasks, allowing you to focus on the big picture.

By delegating these non-core activities, you can concentrate on the high-value tasks that truly drive your business forward. This could mean brainstorming new strategies, developing innovative products or services, nurturing important client relationships, or exploring new opportunities for growth. Your business deserves your undivided attention, and with a little help, you can give it just that.

2. Let The Pros Handle Operations

When it comes to running your business smoothly, sometimes it’s best to leave certain tasks to the pros. That’s where professional services come into play! According to a survey conducted by Clutch, 74% of businesses believe that working with outside experts enhances the quality of their work.

Whether it’s accountants, marketers, or legal professionals, their expertise can help you streamline your operations and take some weight off your shoulders.

By utilizing professional services, you’re tapping into specialized knowledge and skills that can help your business thrive. These experts have spent years honing their craft and staying up-to-date with industry trends, so you don’t have to. They bring a level of professionalism and expertise that can make a real difference in the success of your business.

Let the pros do what they do best, while you focus on what you do best – building and growing your business.

3. Use Technology to Your Benefit

When it comes to boosting efficiency and saving time in your business, technology is your best friend. Embracing the right tools and software can work wonders in automating those repetitive or time-consuming tasks that eat up your precious hours. 

Some technology examples you can use for business are:

  • A project management software, like Monday
  • Social media posting (especially with Instagram’s in-app scheduling feature)
  • Artificial Intelligence, which you can learn about in this episode

The beauty of technology is that it’s ever-evolving, so there are constantly new tools and software being developed to address specific business needs. With the right tech tools in your arsenal, you’ll be amazed at how much more efficient and productive you can become!

4. Outsource Household Chores

Let’s talk about lightening your load when it comes to household chores. We all know that managing a business can be demanding, and the last thing you need is to be overwhelmed by endless to-do lists around the house. That’s where outsourcing some of those pesky household tasks can be a game-changer, giving you the freedom to focus on what truly matters.

According to a study conducted by the American Cleaning Institute, Americans spend an average of 6 hours per week on cleaning and doing household tasks. Instead of spending your weekends scrubbing floors and dusting shelves, why not hire a cleaning service? They’ll come in and work their magic, leaving your home sparkling clean while you take care of business or simply enjoy some well-deserved downtime. It’s like having a cleaning fairy to wave their wand and make your home shine! 

And let’s not forget about grocery shopping. Recently I interviewed Dr. Contessa on the business of health and how your physical health affects your bottom line. In the conversation, Dr. Contessa talked about the importance of outsourcing in her family, and she said “Thank God for Instacart!” and I couldn’t agree more. Going to the store, wandering the aisles, and lugging heavy bags back home can be quite a hassle. Thankfully, grocery delivery services are here to save the day. Just hop online, fill up your virtual cart, and have your groceries delivered right to your doorstep. It’s a convenient and time-saving solution that allows you to spend less time pushing a cart and more time doing what you love.

By outsourcing these household chores, you’re reclaiming valuable time that can be directed towards your business and personal priorities. You’ll experience less stress, more free time, and a greater sense of balance in your life. It’s about finding those little moments of peace and focusing on what truly matters to you.

Trust me, you’ll feel a weight lifted off your shoulders and have more room to breathe and thrive in all aspects of your life!

5. Invest in Education and Coaching

If you’ve listened to Goal Digger for a while, you probably know that I’m SUPER passionate about investing in education and coaching to get a different perspective in your business.

Whether it’s attending workshops, taking online courses, or pursuing higher degrees, investing in education helps you develop new skills and gain valuable knowledge in specific areas. By learning from experts in your field, you can tap into their wisdom, avoid common pitfalls, and stay up-to-date with the latest trends and best practices.

By investing in education and coaching, you’re making a commitment to your personal and professional development. You’re investing in yourself, and that’s a powerful step towards growth and success. Remember, the journey of learning and improvement is ongoing, and embracing education and coaching keeps you in the driver’s seat of your own progress.

To recap our conversation today: it’s time to trade your money for your most valuable, nonrenewable resource: TIME!

You can do this by delegating administrative tasks, letting the pros handle your business operations, using technology for your benefit, outsourcing household chores, or investing in education and coaching…

Whatever you do and however you do it, I just hope these tips help you to make the most of each passing moment to build a life that’s both prosperous AND meaningful. 

Thank you to our Goal Digger Sponsors

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Before you get any further... Hi! I'm Jenna Kutcher!

A small town Minnesota photographer, podcaster, educator and puppy rescuer, my happiest days are spent behind my computer screen sharing my secrets with the world. I'm glad you're here.

I’m an expert at online marketing, a nerd when it comes to the numbers, and my obsession is teaching others how to make a living doing what they love (without it taking over their life). 

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