time http://www.wisebread.com/taxonomy/term/1830/all en-US 15 Time-Saving Tools Everyone Should Own http://www.wisebread.com/15-time-saving-tools-everyone-should-own <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/15-time-saving-tools-everyone-should-own" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman-smartphone-462363713-small.jpg" alt="woman smartphone" title="woman smartphone" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Feel like there's just not enough time in the day? Join the club. It feels like I'm going nonstop from before sunup to waaaay past sundown every day. I haven't found a solution that will add any time to my daily routine, but I have found a few ways to cut back on the time I'm spending on tasks that otherwise could be more efficient. (See also: <a href="http://www.wisebread.com/why-you-need-a-time-budget-and-how-to-create-it?ref=seealso">You Need a Time Budget</a>)</p> <p>Take a look at some of my time-saving solutions here, then let me know how you shave a few minutes off your day in the comments below.</p> <h2>1. Food Processor</h2> <p>I enjoy cooking, and I usually make time to eat a healthy meal at home, but I don't always have the time (or energy) to cut, chop, peel, grate, and slice my breakfast, lunch, and dinner. Rather, I use a food processor whenever it makes sense to quickly and effortlessly manipulate the ingredients I need so I can speed up the cooking process and feed my hungry tummy faster. <a href="http://www.amazon.com/gp/product/B00A6JHPK8/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00A6JHPK8&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=ZWCJVCQYHLUO3GZJ">KitchenAid makes a great processor</a> (the assortment of blades are beyond helpful), but <a href="http://www.amazon.com/gp/product/B003O47MKA/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B003O47MKA&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=ZR6ZGBIKSY3QGPL5">Ninja also makes a line of powerful food prep products</a> that I personally give my seal of approval.</p> <h2>2. Backup Gadget Batteries</h2> <p>iPhone users in particular know the daily struggle of seeing 1% at 11 a.m. even though they awoke four hours before with a fully charged device. Thus, we're forced to charge our phones multiple times a day to avoid being without power when we're not near a socket. In fact, I've personally spent 20 minutes or more on multiple occasions in an actual Apple store just to get a little juice. A rechargeable, on-the-go battery, however &mdash; <a href="http://www.amazon.com/s/?_encoding=UTF8&amp;camp=1789&amp;creative=390957&amp;field-keywords=mophie&amp;linkCode=ur2&amp;tag=wisbre03-20&amp;url=search-alias%3Daps&amp;linkId=4MOINVFV3IS6JINE">like the ones from Mophie</a> &mdash; drastically cuts back on the instances that I have to stop and recharge my phone when I'm out and about. I plug it in at night and take it with me to avert any low-battery crises.</p> <h2>3. Slow Cooker</h2> <p>There's not much better in this world than coming home after a long, hard day at work to a house that smells delicious because dinner is ready to eat. I don't use my slow cooker much in the summer, but I'm looking forward to stealing a little me-time this fall and winter thanks to my Crock-Pot. I'm also fond of this handy little attachment for slow cookers called the <a href="http://www.amazon.com/gp/product/B00ET9E7U2/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00ET9E7U2&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=WLEWWACF42T4LJW4">Lid Pocket</a>, which helps me reduce the potential of an OCD attack when I have to put the lid on the counter or sink when taking it off &mdash; and I know I'm not alone.</p> <h2>4. Smartphone and Apps</h2> <p>There's no denying that smartphones help us save time in innumerable ways, from eliminating the need to clip coupons and helping us make lists to managing the security on our homes and keeping in touch with friends. If I had to pick my favorite time-saving app though, I think it would be my mobile banking app. When my bank launched it, it was like trumpets from the heavens were playin' my jam. Now I deposit my checks online, transfer money easily, and even sign up for in-app deals that give me cash back on participating purchases.</p> <h2>5. BB Cream</h2> <p>Erin Konrad, a spokesperson for CouponPal.com, told me about BB Cream. I didn't know much about this facial cosmetic product before Erin chimed in, but Wiki describes it as an all-in-one replacement for serum, moisturizer, primer, foundation, and sunblock. &quot;I love using a BB cream in my beauty regimen; it has multiple uses, which can help save me time during my morning routine,&quot; Erin says. &quot;I love anything that allows me to sleep in a few more minutes.&quot;</p> <h2>6. Programmable Coffee Maker</h2> <p>I'm not a coffee drinker myself &mdash; to be honest, I don't get it at all &mdash; but I don't have to be a java head to know that a programmable coffee maker can shave a good five to 10 minutes off your morning routine if you set it to brew just before you get up or while you're doing your other daily routines. There's also another cool gadget that will help you save time in the morning, the <a href="http://www.amazon.com/gp/product/B00GKNOH8W/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B00GKNOH8W&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=4GMUXPG5QLDH53QJ">Gamila Impress Coffee Brewer</a>, which gives you the fresh taste of a French Press while you're on the move. I had a chance to try it for another post and even I was impressed.</p> <h2>7. Dishwasher</h2> <p>Most homes have dishwashers nowadays, so let's consider this one an &quot;oldie but a goodie.&quot; In fact, it may even be the biggest time saver of them all. Remember when you had to wash and dry all those dishes by hand? How long did it take you &mdash; 20, 30 minutes? More? Who has time for that &mdash; or dishpan hands? Not me. I just load it and forget it. Until it's time to unload it, of course; you know nobody else in the house is gonna do it.</p> <h2>8. Exercise Equipment</h2> <p>You can save a lot of time and money by buying exercise equipment for your home. I'm not talking about expensive machines, but rather inexpensive pieces like dumbbells, resistance bands, and over-the-door pull-up bars that will help you stay in shape without wasting time going back and forth to the gym multiple times a week. You'll also save anywhere from $10 to $100 a month on gym membership after the initial investment on the equipment.</p> <h2>9. Coin Sorter</h2> <p>My dad used to keep a huge water jug full of coins in his bedroom when I was a kid. Every year or so he would empty it out and spend hours &mdash; like many hours! &mdash; counting and wrapping the coins so he could take them to the bank and cash them in. Of course, these days you also can take your coins to a public machine and have them sorted and counted for you, but that'll cost you upwards of 8% to 10% of your total take.</p> <p>A great solution to save time and money is to purchase a coin sorter for your home and get in the habit of throwing your change into it every day. When the coin wrappers are full, set them aside until you're ready to take them to the bank. I'd also advise buying a fairly decent sorter. I purchased a relatively cheap one in the past and it wasn't worth the plastic it cost to make it.</p> <h2>10. DVR</h2> <p>I don't watch much TV anymore, but back in the day I was a junkie, scheduling my activities around my favorite shows. But thanks to my DVR, I now can do more of what I want and need to do &mdash; like pump out these Wise Bread articles to help you live a more efficient and fiscally responsible life &mdash; because I know I can watch my programs later. Which is perfect for a lazy Sunday when there's nothing else on anyway.</p> <h2>11. Autonomous Cleaning Robots</h2> <p>When <a href="http://www.amazon.com/gp/product/B000UUBCNO/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B000UUBCNO&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=RRJ3CWOUE4UVFCJC">Roomba</a> was first invented the line only consisted of a round disc that would move around your carpeted floor and suck up all the junk that you used to have pick up by manually pushing a vacuum cleaner. That product still exists, though it's now a much more advanced version, but the line also include models that will scrub and mop floors and clean pools and gutters. I can't even begin to quantify how much time these little babies save, but it's not drop in the bucket.</p> <h2>12. All-in-One Washer Dryer</h2> <p>I'm not sure if it's okay for a grown man to look at shiny new appliances like a wild cat eyes a juicy piece of fresh meat, but my obsession is real and perhaps a tad frightening. Nonetheless, I'm totally into the high-efficiency, all-in-one washer-dryers. I know I'm not the only person who hates going back and forth to the washer and dryer putting clothes in and taking them out of one machine on another all day long, and this is the perfect solution.</p> <p>It's important to note, however, that while the machine's TurboWash will dramatically reduce wash time, the dryer (because it's non-vented) may take longer than you're used to. But who cares? When it's done, it's done, and you can get back to your DVR.</p> <h2>13. No-Iron Clothing</h2> <p>I would probably have to iron no-iron clothing &mdash; because I'm totally a freak about ironing my clothes &mdash; but for people who loathe it but have to do it if they want to look presentable and professional, I think this is a great compromise. If you're skeptical about how well no-iron clothing performs, Good Housekeeping put a few brands to the test, <a href="http://abcnews.go.com/GMA/story?id=127614">as reported by ABC News</a>.</p> <h2>14. George Foreman Grill</h2> <p>For those of us who live in urban areas and have no room for a real grill &mdash; or can't own one altogether &mdash; a <a href="http://www.amazon.com/gp/product/B001NXC65K/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B001NXC65K&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=QJ5RAST22J6QQ6NM">George Foreman Grill</a> is a great compromise appliance. There's no charcoal to burn of course, so you're saving time there, but the other awesome time-saving aspect of these grills is that they cook both sides of the food at once, essentially cutting your time in the kitchen in half. Plus, reviews have always been on the positive side for the grills, so you know you're getting a good product.</p> <h2>15. Hybrid or Electric Car</h2> <p>I left this entry last because as a society we're still not quite ready to fully embrace hybrid and electric cars, but we are moving steadily in that direction. Alas, once these kind of cars become commonplace, positive results will abound. We won't pollute the environment as much, we won't have to rely on foreign oil so heavily, and we won't have to pop in and out of gas stations as much (or ever if your car is completely electric). You can get where you're going faster and cheaper, which will make your trip all the more relaxing. Aaaah.</p> <p><em>Do you have more time-saving items that everyone should own to suggest? Let me know in the comments below.</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mikey-rox">Mikey Rox</a> of <a href="http://www.wisebread.com/15-time-saving-tools-everyone-should-own">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-ways-youre-wasting-time-without-realizing-it">10 Ways You&#039;re Wasting Time Without Realizing It</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-pet-cameras">The 5 Best Pet Cameras</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-places-to-get-cheaper-diapers">5 Places to Get Cheaper Diapers</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/12-money-saving-tricks-to-know-before-buying-an-engagement-ring">12 Money-Saving Tricks to Know Before Buying an Engagement Ring</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-to-save-on-pregnancy-expenses">6 Ways to Save on Pregnancy Expenses</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Family Productivity Shopping efficiency gadgets labor savers time time savers Thu, 25 Sep 2014 15:00:07 +0000 Mikey Rox 1220280 at http://www.wisebread.com 10 Ways You're Wasting Time Without Realizing It http://www.wisebread.com/10-ways-youre-wasting-time-without-realizing-it <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/10-ways-youre-wasting-time-without-realizing-it" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman-working-headphones-175219954-small.jpg" alt="woman working headphones" title="woman working headphones" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Time is one thing that we seem to have less of as life wears on. (See also: <a href="http://www.wisebread.com/15-essential-life-hacks-that-will-save-you-time-in-the-morning?ref=seealso">15 Ways to Save Time in the Morning</a>)</p> <p>The days fly by and we're stressed to come up with any extra minutes. But what if we could free up our schedule and finish our to-do lists? Some people are just busy with little or no recourse, but others are wasting time without even knowing that it's happening. Here's a look at a few ways we can be more aware of our time and be better managers of it.</p> <h2>1. Leaving Email &quot;Up&quot;</h2> <p>You may work a job where you must have email up on a constant basis. But if you don't, there's no reason to run it when you aren't waiting on a particular message. If you're working on a project, just close your email and check them periodically throughout the day. Avoiding that catchy little &quot;(1)&quot; that often distracts your train of thought can save you a lot of time.</p> <h2>2. Listening to Music</h2> <p>In some cases, listening to music can help pass the time when engaging in mundane or mindless tasks. But when it comes to work that you need to think intentionally about, like crafting a sales pitch, writing a report, or even just reading something, <a href="http://tech.co/listening-to-music-at-work-2013-11">music can slow you down</a>, thereby increasing the time spent on the task and decreasing the resulting quality of your work.</p> <h2>3. Paying for Lunch</h2> <p>In some cases, you need to spend money to make money. But paying for lunch is often a double-figure investment and can cost you close to (or more than) an hour of work. <a href="http://www.webmd.com/food-recipes/features/cheap-and-healthy-brown-bag-lunch-ideas-for-grownups">Pack a lunch instead</a> of eating out and you'll get back an hour's worth of pay, which<a href="http://money.howstuffworks.com/personal-finance/budgeting/how-much-cheaper-to-pack-lunch.htm"> can really add up</a>.</p> <h2>4. Not Taking a Break</h2> <p>It might seem counterproductive (or even impossible) to stop what you're doing at work or home to take a break. However, <a href="http://healthdecide.orcahealth.com/orcatheme_imagepost/take-a-break-it-may-increase-productivity/#.VBcv5vldWSo">numerous studies have shown</a> that taking a break, or even a short nap, can actually boost your productivity and increase the quality of your work output.</p> <h2>5. Not Making a To-Do List</h2> <p>Even if you can remember everything you need to do, making a to-do list can help you focus by streamlining your schedule and giving you a failsafe to avoid forgetting important tasks.</p> <h2>6. Using a Gadget When Pen and Paper Will Do</h2> <p>Tablets and smartphones can be excellent productivity tools. But when it comes to taking notes or <a href="http://bulletjournal.com/">quickly writing down ideas</a>, you may be better off with the much simpler pen and paper.</p> <h2>7. Going to Meetings</h2> <p>It's becoming increasingly common for meetings to be viewed as <a href="http://www.psychologytoday.com/blog/wired-success/201204/why-meetings-kill-productivity">productivity killers</a>. That's not to say they don't have their place, but a<a href="http://blogs.wsj.com/speakeasy/2012/09/20/why-business-meetings-are-often-a-waste-of-time-and-productivity/"> brutally objective view</a> of the typical workplace meeting shows us that we're wasting a lot of precious time.</p> <h2>8. Attending Technology-Related Classes</h2> <p>It's not to say that all work-related classes are a waste of time, but a lot of the information that used to only exist inside classrooms now exists for free on the Internet. Particularly when it comes to technology-related topics, you can learn almost everything there is to know in a free, online format.</p> <p>Places like <a href="https://www.khanacademy.org/">Khanacademy</a> and <a href="http://www.codecademy.com/">Code Academy</a> are great places to start.</p> <h2>9. Running Dual Monitors</h2> <p>A lot of people find dual monitors to be more productive because it allows them to avoid having to switch back and forth between different applications or documents. While that's true, it only applies in certain professions. For example, graphic designers and programmers will often have need for more than one screen. But if it's not an obvious necessity, more than one monitor often makes things more distracting because it tempts you to put something that's not work-related on the second screen. In most cases, it'll be more efficient to stick with one monitor.</p> <h2>10. Not Putting Your Clothes Out the Night Before</h2> <p>One incredibly simple thing you can do to save time before you go to bed is set your clothes out for the next day the night before. It makes early mornings a lot quicker as it gets you out of your bedroom without having to search through drawers, possibly in the dark out of fear that you'll wake someone up.</p> <h2>Time to Be Saved</h2> <p>There's no question that it's easy to crowd our lives with obligations and tight schedules. But there is time to be saved if we're willing to be objective about our own scheduling and work habits. If we remove the unnecessary time wasters and get specific about where we can get be more efficient, most of us can get back more than 60 minutes a day. For many, that can make a huge difference by allowing them to be more focused, relaxed and allow them to feel less rushed every day.</p> <p><em>How do you conserve and avoid wasting time? Are the tactics you employ at home and work much different? Let me know in the comments section.</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mikey-rox">Mikey Rox</a> of <a href="http://www.wisebread.com/10-ways-youre-wasting-time-without-realizing-it">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/15-time-saving-tools-everyone-should-own">15 Time-Saving Tools Everyone Should Own</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/these-checklists-will-make-your-life-better">These Checklists Will Make Your Life Better</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/12-ways-a-deep-declutter-can-improve-your-life">12 Ways a Deep Declutter Can Improve Your Life</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/productivity-tips-to-carry-you-through-2012">Productivity Tips to Carry You Through 2012</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/free-online-tools-that-help-organize-people">Free Online Tools That Help Organize People</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Organization Productivity efficiency saving time shortcuts time time savers time sucks Tue, 23 Sep 2014 21:00:04 +0000 Mikey Rox 1218888 at http://www.wisebread.com Best Money Tips: The Best Time to Buy a Car http://www.wisebread.com/best-money-tips-the-best-time-to-buy-a-car-0 <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-the-best-time-to-buy-a-car-0" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/couple-buying-car-99704034-small.jpg" alt="couple buying car" title="couple buying car" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some great articles on the best time to buy a car, online jobs for college students, and Warren Buffet's tips for investing.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.savvysugar.com/Best-Time-Buy-Car-34024797">The Best Time to Buy a Car</a> &mdash; Did you know the best day of the week to buy a car is Sunday? [PopSugar Smart Living]</p> <p><a href="http://christianpf.com/online-jobs-college-students/">6 Online Jobs for College Students</a> &mdash; For college students looking to make some extra money, Swagbucks and writing blogs are a couple good online options. [Chrisitan PF]</p> <p><a href="http://thecollegeinvestor.com/3395/warren-buffetts-top-5-tips-investing/">Warren Buffet's Top 5 Tips for Investing</a> &mdash; Learn a lesson from Warren Buffet and remember that cash is king. [The College Investor]</p> <p><a href="http://theconsciousspender.wordpress.com/2011/08/11/summer-is-fun-when-money-is-involved/">Summer Is Fun When Money Is Involved</a> &mdash; When shopping for a summer pool party, take the opportunity to teach your kids a financial lesson by showing them the art of meal planning. [The Conscious Spender]</p> <p><a href="http://www.moneycrush.com/6-ways-to-improve-your-focus-and-beat-procrastination/">6 Ways to Improve Your Focus (and Beat Procrastination)</a> &mdash; If you want to improve your focus, turn off your technology and set a mini-goal. [Money Crush]</p> <h2>Other Essential Reading</h2> <p><a href="http://www.cheapsters.org/coffee-shop-workspace-etiquette-101/">Coffee Shop Workspace Etiquette</a> &mdash; When turning a coffee shop into your workspace, be sure to buy at least one thing for every three hours you spend working there. [Cheapsters]</p> <p><a href="http://luke1428.com/all-work-and-no-play-combating-the-dangers-of-workaholism/">All Work and No Play: Combating the Dangers of Workaholism</a> &mdash; To combat the dangers of workaholism, take the time to relax and reflect. [Luke 1428]</p> <p><a href="http://www.monicaonmoney.com/the-surprising-habit-thats-making-you-poor/">The Surprising Habit That's Making You Poor</a> &mdash; Did you know that social media usage can wreak havoc on your finances? [Monica On Money]</p> <p><a href="http://livingonthecheap.com/how-to-hire-handyman/">How to Hire a Good Handyman</a> &mdash; Sites like Angie's List can help you make sure you hire a good handyman. [Living on the Cheap]</p> <p><a href="http://parentingsquad.com/5-creative-ways-to-capture-vacation-memories">5 Creative Ways to Capture Vacation Memories</a> &mdash; Creating a photo wall is just one way to capture vacation memories. [Parenting Squad]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-the-best-time-to-buy-a-car-0">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-ways-to-earn-extra-money-with-your-car">7 Ways to Earn Extra Money With Your Car</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-best-cities-for-going-car-free">5 Best Cities for Going Car-Free</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-ways-life-is-wonderful-when-you-swap-your-car-for-a-bike">9 Ways Life Is Wonderful When You Swap Your Car for a Bike</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-tell-if-a-car-service-plan-is-worth-it">How to Tell If a Car Service Plan Is Worth It</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/dead-car-battery-give-it-a-glass-of-red-wine">Dead car battery? Give it a glass of red wine.</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Cars and Transportation best best money tips car purchase time Wed, 13 Aug 2014 19:01:47 +0000 Ashley Jacobs 1183627 at http://www.wisebread.com The WORST Time of Day to Do Everything http://www.wisebread.com/the-worst-time-of-day-to-do-everything <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/the-worst-time-of-day-to-do-everything" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/man-yelling-465641459-small.jpg" alt="man yelling" title="man yelling" class="imagecache imagecache-250w" width="250" height="145" /></a> </div> </div> </div> <p>We all know that there tend to be optimal times during the day for everything from scheduling a doctor's appointment to taking a nap to making the most of a workout to having a productive meeting at work. There are plenty of guides out there telling you when you should do these things to get the ideal result. (See also: <a href="http://www.wisebread.com/the-best-time-of-the-day-to-do-everything?ref=seealso">The Best Time of Day to Do Everything</a>)</p> <p>However, these guides ignore the other side of the time puzzle: when is the <em>worst</em> time of day to do various activities? Because missing out on an optimal time for an activity is certainly less than ideal, but actually choosing the worst possible time could be frustrating, inefficient, and counterproductive.</p> <p>So here is a primer on how <em>not</em> to schedule your day if you want to avoid aggravation, wasted time, and even death:</p> <h2>7:00 a.m. &mdash; Don't Have an Argument</h2> <p>Early in the morning is a time of hope and promise for a great new day. It might seem like a good time to bring up your engagement to Spike to your disapproving dad.</p> <p>Unfortunately, early morning is the worst time of day to have a stressful conversation or argument. That's because a <a href="http://circ.ahajournals.org/content/98/1/31.full">cardiac arrest is more likely to occur early in the day</a> (between 6 a.m. and noon) according to researchers. So if you have some shocking news to share with an elderly relative, wait until the afternoon to reveal it. Grandpa will thank you.</p> <h2>9:00 a.m. &mdash; Don't Schedule a Meeting</h2> <p>You might think first thing in the morning is the best time to get all of your co-workers together to go over your TPS reports. But as it turns out, 9:00 a.m. is just about the worst time of day to schedule a meeting &mdash; despite often being touted as the best block of time for <a href="http://www.realsimple.com/work-life/life-strategies/time-management/best-time-day-just-about-anything-10000001053802/page2.html">memory retention</a> and <a href="http://lifehacker.com/the-best-time-of-day-to-get-ideas-according-to-science-1541494290">creative thinking</a>. Keith Harris, chief technology officer of the scheduling app <a href="http://whenisgood.net/">WhenIsGood.net</a>, examined 2 million responses to 530,000 scheduled events and found that the first part of the workday is <a href="http://www.washingtonpost.com/blogs/on-leadership/wp/2014/02/19/the-best-and-worst-times-to-do-things-at-work/">when you'll have the most no-shows at your meeting</a>.</p> <p>Instead, if you need all hands on deck for your meeting, plan it for around 2:30 p.m. or 3:00 p.m., when your workforce is most flexible.</p> <h2>11:00 a.m. &mdash; Don't Go to the Doctor</h2> <p>You schedule your appointment at 11:00 a.m., thinking that you'll be able to see your doc and maybe have a little time left over for lunch before you have to get back to the office. Instead, you cool your heels in reception for 40 minutes just waiting to be taken back to the exam room &mdash; where you wait another 10 minutes for your doctor to see you.</p> <p>Just like the rest of us, doctors tend to get behind in their work, and the <a href="http://seattletimes.com/html/health/2002687669_healthdoctorvisit18.html">appointments just before their lunch</a> (and before the end of the work day) are going to be when they are the most behind. Doctors often get caught up over the lunch hour (no new patients to see during that time), but those poor individuals watching their 11:00 a.m. appointment time come and go are going to be the ones bearing the brunt of the doctor's lateness.</p> <p>Instead, either take the earliest appointment in the day, or the first appointment after the lunch hour.</p> <h2>12:00 p.m. &mdash; Don't Work Out During Your Lunch Hour</h2> <p>Trying to find the time to fit exercise into your life can be difficult. You might be tempted to skip your lunch and go for a short but intense workout in the middle of the day. Unfortunately, you won't necessarily be doing yourself any big favors by working out then.</p> <p>According to researchers at the Long Island Jewish Medical Center in New York, our <a href="http://www.sciencedaily.com/releases/2004/10/041027143621.htm">lungs lose power in the middle of the day</a>. Just like the rest of our bodies, our lungs follow a circadian rhythm. Lung performance is at its lowest early in the morning and in the middle of the day. It's at its highest between 4:00 p.m. and 6:00 p.m. And noon exercisers experience as much as 15% to 20% of performance lost &mdash; although anyone with healthy, strong lungs will not necessarily find such a difference noticeable.</p> <p>If the only way you can fit exercise in your life is to work out during your lunch hour, then you're definitely better off for it. However, if you are working toward a race or otherwise attempting to improve your performance, wait to work out until late afternoon, when your lung function will work for you instead of against you. (See also: <a href="http://www.wisebread.com/10-exercises-to-do-at-work-that-dont-make-you-look-silly?ref=seealso">10 Exercises to Do at Work That Don't Make You Look Silly</a>)</p> <h2>1:00 p.m. &mdash; Don't Try to Learn Something New</h2> <p>You probably remember the difficulty you had staying awake in Mr. Medvetz's 1:00 Trigonometry class in high school? How about finding him as interesting as Ben Stein (&quot;Anyone? Anyone?&quot;) in <a href="http://www.amazon.com/gp/product/B000BNX4MC/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B000BNX4MC&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=6KVJLPZQI7CN7NTP">Ferris Bueller's Day Off</a>.</p> <p>As it turns out, you may have misjudged your old teacher, since taking that class after lunch meant you were fighting your body's natural circadian rhythm.</p> <p>In the early afternoon, our bodies experience a dip in body temperature, similar to the temperature decrease we feel just before going to bed at night. That lowered temperature in the early afternoon can make you want to pull a George Costanza and take a nap under your desk.</p> <p>But even if you fight through the sleepiness, you will find that trying to learn something new while you are drowsy will <a href="http://educationnext.org/do-schools-begin-too-early/">impair your ability to recall the information</a> that you learn. Rather than force yourself to take in new information while fighting your urge for a siesta, go ahead and close your eyes for about 15 to 20 minutes &mdash; and no more than 30 total, or you'll feel groggier than you did when you started. The quick nap can help improve your cognitive performance.</p> <h2>4:00 p.m. &mdash; Don't Hit Your Local Starbucks</h2> <p>By 4:00 in the afternoon, your morning coffee and lunchtime Diet Coke have both worn off, and you might feel the need to run to your favorite coffee shop for some hot, sweet caffeine. While you'd never drink coffee with dinner &mdash; or even after 5:00 &mdash; you know that you've got more than enough time before bed to let this late afternoon pick-me-up get out of your system.</p> <p>As a matter of fact, you don't. According to new research, caffeine taken as many six hours before bed can not only make it difficult for you to fall asleep at bedtime, but it can also <a href="http://www.aasmnet.org/jcsm/ViewAbstract.aspx?pid=29198">reduce the duration of your night's sleep</a> by more than one hour.</p> <p>If you must re-caffeinate in the afternoon, try to cut yourself off from the coffee by 3:00 p.m. or 4:00 p.m. at the latest. Alternatively, taking a brisk walk outside for about 10 minutes can give a more natural jolt of energy (and endorphins) that will help you focus for the end of your workday.</p> <h2>Don't Fight Nature</h2> <p>Circadian rhythms and the human tendency to misuse time are both things that you can plan around to avoid wasting time each day. As you get the most out of each conversation, meeting, appointment, workout, and cup of coffee, you'll be glad you paid attention to human nature.</p> <p><em>When is the worst time for you to do&hellip; anything? Now's a good time to share in comments!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/emily-guy-birken">Emily Guy Birken</a> of <a href="http://www.wisebread.com/the-worst-time-of-day-to-do-everything">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/20-free-and-fun-ways-to-reward-yourself">20 Free and Fun Ways to Reward Yourself</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/20-habits-you-must-kick-right-now-and-be-a-better-person">20 Habits You Must Kick Right Now and Be a Better Person</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/change-your-life-by-changing-your-bedtime-routine">Change Your Life by Changing Your Bedtime Routine</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/25-ways-to-feel-better-fast">25 Ways to Feel Better Fast</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/kill-boredom-with-these-34-fun-and-productive-projects">Kill Boredom With These 34 Fun and Productive Projects</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> General Tips Personal Development circadian rhythm productivity sleep time Fri, 27 Jun 2014 09:00:03 +0000 Emily Guy Birken 1149833 at http://www.wisebread.com Best Money Tips: Saving Time and Reducing Stress http://www.wisebread.com/best-money-tips-saving-time-and-reducing-stress <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-saving-time-and-reducing-stress" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/relax-5321383-small.jpg" alt="relaxed" title="relaxed" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some stellar articles on saving time and reducing stress, how to do the right tasks in the right order, and the biggest tax audit triggers.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.dumblittleman.com/2014/03/the-5-commandments-for-saving-time-and.html">The 5 Commandments for Saving Time and Reducing Stress</a> &mdash; If you want to save time and reduce stress, organize and balance your time. [Dumb Little Man]</p> <p><a href="http://timemanagementninja.com/2014/03/how-to-do-the-right-tasks-in-the-right-order/">How to Do the Right Tasks in the Right Order</a> &mdash; Prioritizing and doing your work first can help you do the right tasks in the right order. [Time Management Ninja]</p> <p><a href="http://www.mainstreet.com/article/moneyinvesting/taxes/biggest-audit-triggers">Biggest Tax Audit Triggers</a> &mdash; Did you know foreign accounts can be a big tax audit trigger? [MainStreet]</p> <p><a href="http://www.savvysugar.com/Life-Lessons-Kids-Teach-Us-34444136">43 Life Lessons that Kids Teach Us</a> &mdash; Kids teach us to live fully and laugh. [PopSugar Smart Living]</p> <p><a href="http://www.lifehack.org/articles/communication/3-shocking-benefits-negative-thinking.html">3 Shocking Benefits of Negative Thinking</a> &mdash; Negative thinking can cause you to have more accurate risk assessment. [Lifehack]</p> <h2>Other Essential Reading</h2> <p><a href="http://christianpf.com/medical-tourism/">What is Medical Tourism . . . and Why is it Becoming Popular?</a> &mdash; Medical tourism is when people travel to a different country to get cheaper rates on healthcare procedures. [Christian PF]</p> <p><a href="https://www.mint.com/blog/how-to/6-tips-to-avoiding-diy-dinner-disasters-0314/">6 Tips to Avoid DIY Dinner Disasters</a> &mdash; To avoid DIY dinner disasters, compare recipes and pay attention to details. [MintLife]</p> <p><a href="http://www.marcandangel.com/2014/03/23/40-amazing-things-you-will-never-forget/">40 Amazing Things You Will Never Forget</a> &mdash; Designing your own life in your own way is something amazing you will never forget. [Marc and Angel Hack Life]</p> <p><a href="http://parentingsquad.com/how-to-plan-a-freezer-meal-workshop">How to Plan Freezer Meal Workshop</a> &mdash; When planning a freezer meal workshop, make a list of 10 meals. [Parenting Squad]</p> <p><a href="http://lifehacker.com/what-do-i-do-when-someone-has-a-domain-name-i-want-1550716320">What Do I Do When Someone Has a Domain Name I Want?</a> &mdash; If someone has a domain name you want, find out who owns the domain name. [Lifehacker]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-saving-time-and-reducing-stress">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-deal-when-your-spouse-is-suffering-from-burnout">How to Deal When Your Spouse is Suffering From Burnout</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-frugal-ways-to-reduce-workplace-stress">10 Frugal Ways to Reduce Workplace Stress</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/tips-from-a-hostage-negotiator-that-anyone-can-use">Tips From a Hostage Negotiator That Anyone Can Use</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/one-genius-little-button-thats-saving-me-a-whole-bunch-of-time">One genius little button that&#039;s saving me a whole bunch of time</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/flashback-friday-38-ways-to-get-more-sleep-tonight">Flashback Friday: 38 Ways to Get More Sleep Tonight</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Life Hacks best money tips stress time Thu, 27 Mar 2014 10:00:17 +0000 Ashley Jacobs 1133199 at http://www.wisebread.com Using Time Horizons to Make Smarter Investments http://www.wisebread.com/using-time-horizons-to-make-smarter-investments <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/using-time-horizons-to-make-smarter-investments" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/clock-4229021-small.jpg" alt="time horizon" title="time horizon" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>Whenever you start to choose an investment, one of the first questions you should ask yourself (or get asked by a financial planner) is &quot;what is your time horizon?&quot; The answer is important because the timeframe should guide decisions for the type of investment account and the nature of the investment. (See also: <a href="http://www.wisebread.com/15-investing-tips-from-a-1-wall-street-stock-picker">15 Investing Tips From a #1 Wall Street Stock Picker</a>)</p> <p>In general, the longer your time horizon, the better <a href="http://www.wisebread.com/buy-and-hold-investing-four-ways-to-make-it-more-effective">you can handle fluctuations in value</a> and take more risk in order to reap greater rewards. Unless you need the money in the next year or so, there is plenty of time for your investments to recover from any market declines, industry shake-ups, or company setbacks, plus years for your investments to grow in market value.</p> <p>For example, during the 2008 recession, I heard about a couple nearing retirement that had just put its nest egg in the stock market, devastating their retirement portfolio. For a 20-something couple with an investing time horizon for retirement of 40+ years, this scenario would not be a problem.</p> <p>But the couple who had just recently invested was very close to retirement age and needed to begin taking cash distributions soon. The problem here was not so much poor stock selection or lousy market timing but failure to understand and apply time horizons to investing decision-making.</p> <h2>Time Horizons, Explained</h2> <p>Investopedia describes a <a href="http://www.investopedia.com/terms/t/timehorizon.asp">time horizon</a> as &quot;the length of time over which an investment is made or held before it is liquidated.&quot; So, your investing time horizon starts now until you need to cash in your investments to...</p> <ol> <li>Make a specific purchase; or</li> <li>Cover expenses over a period of time.</li> </ol> <h2>Types of Time Horizons and Financial Goals</h2> <p>Investing time horizons can be expressed in precise terms (e.g., the exact number of years) or more generally, such as short-term (less than 3 years), mid-term (3-10 years), and long-term (more than 10 years).</p> <p>When you set financial targets, consider time horizons. For example, you may have timeframes for a number of different goals:</p> <ul> <li>Buying a home (specifically, saving for a down payment) &mdash; 5 years or mid-term</li> <li>Sending kids to college&mdash; 12+ years or long-term</li> <li>Making a major purchase, such as a car or vacation &mdash; 1 year or short-term</li> <li>Retirement &mdash; 35+ years or long-term</li> </ul> <p>Even if you have the same goals as your friends, you may have different time horizons based on your age or other factors, such as the age of your children or plans for retirement.</p> <p>So, if your children are toddlers, then your time horizon for college savings is long-term, approximately 16-20 years. If your neighbors happen to have teenagers in the house, then their college-savings timeframe is mid-term, probably 5-10 years.</p> <p><strong>Lump Sum or Stream of Revenue?</strong></p> <p>Note that some goals require a lump-sum amount to make a specific purchase (such as the purchase of a new car or funding of a European vacation). Others involve generating a stream of income to cover expenses for either a short, pre-determined timeframe (four years of college expenses, for example) or a longer, less definite amount of time (retirement, which could range from 10 to 40 years or more).</p> <p>The time horizon for the stream of income should extend beyond the start date to the end date; for example, if you are saving money to send your 16-year-old to college, then your time horizon is six years (two years until starting college plus four years of college).</p> <h2>How to Use Time Horizons in Investing</h2> <p>There are two main ways to use time horizons for investing. First, you want to match the account type with the time horizon. Second, you want to choose the type of investment that will give you the best return over the time horizon.</p> <p><strong>In the Short Term, Reduce Risk</strong></p> <p>For example, if you are saving for a down payment on a house that you plan to buy in a couple of years, you may choose to save inside of a regular savings account, money market account, short-term bond, or a CD that matures in 24 months or less. If you are unsure about the exact time frame, then you might want to sock away funds in a regular savings account so cash will be available without penalties when you are ready.</p> <p><strong>In the Long Term, Seek Return</strong></p> <p>If you are saving for retirement and still have <a href="http://www.wisebread.com/why-young-investors-should-stay-the-course-and-continue-to-invest">20 years or more until that time</a>, then a tax-advantaged account, such as a 401(k), traditional IRA, or Roth IRA would be a better choice than a savings account. You could fund the account with a selection of stocks and bonds depending on your time horizon as well as <a href="http://www.wisebread.com/how-to-avoid-gambling-away-your-investments">other factors such as risk tolerance</a>. A dip in the value of your investment portfolio in the next few years would not make a difference in your long-term prospects as long as you didn't have to tap the funds to pay medical bills, make a down payment on a house, or support yourself prior to retirement.</p> <p>As retirement nears and becomes a reality, you can change the investment mix, generally moving from riskier investments like stocks to safer ones such as fixed-income investments. These asset-allocation adjustments allow you to keep some investments in the market yet still enjoy liquidity needed to pay living expenses.</p> <p>For a visual representation of this concept applied to real-life investing decisions, <a href="http://individual.troweprice.com/public/Retail/Mutual-Funds/Money-Market-Funds/Benefits/Investing-By-Time-Horizon">T. Rowe Price provides a chart with investment mixes based on time horizons</a> associated with various financial goals.</p> <p>The couple who invested in the stock market at the time of its significant decline may have been fine financially if they could have waited five or more years to tap their retirement funds. But if they needed the money right away, they may have quickly depleted their savings.</p> <p>Matching your investing time horizon with your investment decisions &mdash; a relatively simple task &mdash; can make a big difference in your long-term financial health.</p> <p><em>Have you used the time horizons concept to plan or determine your investments? Please share your experience in comments.</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/julie-rains">Julie Rains</a> of <a href="http://www.wisebread.com/using-time-horizons-to-make-smarter-investments">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-easiest-way-to-invest-in-the-worlds-biggest-companies">The Easiest Way to Invest in the World&#039;s Biggest Companies</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-to-invest-when-youre-in-debt">6 Ways to Invest When You&#039;re In Debt</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-investments-that-usually-soar-during-the-summer">7 Investments That Usually Soar During the Summer</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-ways-your-cash-rewards-can-make-you-rich">3 Ways Your Cash Rewards Can Make You Rich</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-stocks-to-buy-before-black-friday">6 Stocks to Buy Before Black Friday</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Investment time Tue, 25 Jun 2013 10:00:30 +0000 Julie Rains 980151 at http://www.wisebread.com Time Is Money: Budget Them Both Out http://www.wisebread.com/time-is-money-budget-them-both-out <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/time-is-money-budget-them-both-out" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/time is money.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>Everyone always says Time is Money&mdash;but how many of us really treat our time the same way we treat (or are <em>supposed</em> to treat) our money?&nbsp;Most of us have no problem throwing time away in ways we would never do with our money.</p> <p>This is something I've been thinking about for a while now. I recently bought <a href="http://www.amazon.com/gp/product/B000UU5T7E?ie=UTF8&amp;tag=thwrsco-20&amp;linkCode=xm2&amp;camp=1789&amp;creativeASIN=B000UU5T7E"><em>Fallout 3</em></a> for the <a href="http://www.wisebread.com/buying-shiny-new-things-without-the-guilt">new computer</a> I&nbsp;just saved up for, and I noticed it just sat in its box for a few days before I even got a chance to install it.</p> <p>When I was young, the whole world froze when I bought a new game&mdash;I didn't need food and I didn't need anything other than to play my brand-new game. But times change. You get a job, you get married, and your time starts to get filled for you&mdash;there isn't a whole of down time. In order to play my game, I had to find a place in my schedule for it.</p> <h3><strong>&quot;Let's pencil Fallout for Saturday, Susie&quot;</strong></h3> <p>I&nbsp;know it sounds weird, but that's what needed to be done because I wasn't finding any free time. Think about it: when was the last time you were sitting on the couch asking yourself what you should do next?&nbsp;Remember how often that happened when you were a kid?&nbsp;Now there's always something: work, TV, blogging, exercising, etc. Before you know it, it's time to go to bed and do it all over again tomorrow.</p> <p>In order to get anything done, we have to budget our time the same way we budget our money. Which most of us probably do already when we have to get something done for work or pay a bill&mdash;but that stuff is no fun. I'm talking about your equivalent of playing a brand-new videogame. Your Fallout time.</p> <p>You don't just spend all your money as you make it, do you? We have to think ahead to the things we want to get done and make sure we have time scheduled for it&mdash;just like budgeting for a new computer. That doesn't mean playing a videogame is a waste of time any more than spending money on a videogame is a waste of money. You're spending &quot;play money&quot; so you should have some &quot;play time&quot; too.</p> <p>If we think of our time this way, it's easy to break down the two categories of time and make sure we budget for them:</p> <h3>Needs</h3> <p>That's right: this is where most of the stuff is going to go. Time for work, time to eat, time to hang out with family, etc. These are the things you have to do. Just like we have to spend money on rent, electricity, and all our other bills&mdash;there is time that has to be filled with certain things. I don't think most of us will have a problem with this because needs often force themselves on our schedule. When was the last time you had to &quot;fit&quot; work into your schedule? It's more likely you had to adjust everything else to fit into your work schedule.</p> <p>I know&mdash;I&nbsp;wish it wasn't that way either.</p> <h3>Wants</h3> <p>This is the fun stuff. It may sound like a waste of time to some people, but here is where you cordon off a couple of hours to play <a href="http://www.amazon.com/gp/product/B000UU5T7E?ie=UTF8&amp;tag=thwrsco-20&amp;linkCode=xm2&amp;camp=1789&amp;creativeASIN=B000UU5T7E"><em>Fallout 3</em></a>, to read a book, to go for a walk outside, to work out, or to just take a nap if you've had a long day. Don't feel guilty about spending your time doing what you want just because it doesn't sound productive. Just like you can't spend ALL&nbsp;your money on bills every month (don't forget about your &quot;play money&quot;), you can't expect yourself to spend every minute of every day doing something &quot;productive.&quot;&nbsp;</p> <p>You need to blow some steam off, and guess what the perfect way to do that is? <a href="http://www.amazon.com/gp/product/B000UU5T7E?ie=UTF8&amp;tag=thwrsco-20&amp;linkCode=xm2&amp;camp=1789&amp;creativeASIN=B000UU5T7E"><em>Fallout 3</em></a>.</p> <p>OK, I&nbsp;gotta get back to my game...these feral dogs are starting to really get to me.</p> <p><em>This post was included in the <a href="http://www.purposepowercoaching.com/site/?p=362">Carnival of Personal Development</a></em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/carlos-portocarrero">Carlos Portocarrero</a> of <a href="http://www.wisebread.com/time-is-money-budget-them-both-out">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/in-times-like-these-separate-the-want-from-the-need">In times like these, separate the want from the need.</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/rich-people-spend-350k-to-park-their-cars-heres-how-wed-spend-it-instead">Rich People Spend $350K+ to Park Their Cars — Here&#039;s How We&#039;d Spend it Instead</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/financial-iq-test-how-healthy-is-your-budget">FINANCIAL IQ TEST: How Healthy Is Your Budget?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/simplify-budgeting-with-personal-money">Simplify budgeting with personal money</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/too-broke-to-be-frugal">Too broke to be frugal?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance Budgeting Productivity budget getting things done money time Thu, 30 Apr 2009 11:28:51 +0000 Carlos Portocarrero 3087 at http://www.wisebread.com How do you spend money to save time? http://www.wisebread.com/how-do-you-spend-money-to-save-time <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/how-do-you-spend-money-to-save-time" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/lawnmower.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>It's a &mdash; pardon the expression &mdash; <em>timeless</em> saying:</p> <blockquote><p>&quot;You can always make more money, but you can't make more time.&quot;</p> </blockquote> <p>The staunch followup to that tends to be that you can make <em>better</em> use of time.</p> <h2>Like 10,000 pebbles</h2> <p>I've been thinking a lot lately about tiny &mdash; even &quot;microscopic&quot; &mdash; shifts in my daily activities that <strong>add up big in the long run</strong>.</p> <p>For example, one of my faves on the computer is setting up <a href="http://www.phraseexpress.com/">PhraseExpress</a> text macros to auto-paste frequently-used snippets of text, cutting down 10 secs of typing into a 1-second keystroke on each pass. Not to mention the memory overhead of needing to recall each snippet. When each instance is viewed in isolation, that's not very much. But multiply that over weeks, and the savings are phenomenal.</p> <p>Another one of my fave habits is to <strong>batch-process</strong> documents: I stack stuff I need to scan and archive into a shoebox, then every couple of weeks or so, I put on lovely music like <a href="http://www.youtube.com/watch?v=KYykpRRuHQM">Philip Glass</a> and start an intense half-hour to an hour of filing them all. This removes the overhead of switching between tasks, since each time I do this, I need to arrange the scanner and documents, and go through a series of steps that are simply more efficient when done in one &quot;<a href="http://en.wikipedia.org/wiki/Swell_Foop">swell foop</a>&quot; than piecemeal. Having such concentration also adds to getting the task done effectively. It's <a href="http://en.wikipedia.org/wiki/Economy_of_scale">economy of scale</a> applied domestically.</p> <p>Like any healthy habit, these involve repetition. But the <em>smart</em> kind.</p> <h2>A fair exchange?</h2> <p><strong>Spending money to save time is a <em>must</em> for resourceful people</strong>, since there are some things which just about anyone can do, like raking leaves or mowing the lawn. However, if you have creative inspiration or life dreams that <em>only you</em> understand (at least so far), there's <em>no</em> way you can transfer your innermost tasks to have them carried out, let alone communicate them to another person. More importantly, while someone you've paid is doing what you consider a boring task (and don't feel bad &mdash; it's a fair exchange of money for your <strong>focus</strong>), you're in a position to generate even more wealth, whether it's rolling in net dough or spending quality time with family. In fact, one commonplace but no less important money-for-time exchange is paying a babysitter so you can enjoy a night on the town with your sweetie. The thought that you love your kid less because of this is absurd.</p> <p>On a grander scale, books and blogs on &quot;outsourcing your life&quot; have gotten popular, with many copycats tagging on <a href="http://fourhourworkweek.com/">Tim Ferriss</a>' coattails. While you'll never want to entrust some personal tasks to others, the next time you feel time-crunched about a recurring activity that someone else could do &mdash; especially if it feels like a tiresome <em>déjà vu</em> &mdash; consider doing what I call a <strong>CLE</strong>, or &quot;<strong>Cheap Lightweight Experiment</strong>&quot; to test if more life automation may be right for you. Whether it's hiring someone to do manual labor or using the <a href="https://www.mturk.com/mturk/welcome">Amazon Mechanical Turk</a> to &quot;hive-mind&quot; some info you need, there are plenty of options. Spend a few bucks and observe the results.</p> <h2>Usefun</h2> <p>I challenge you to: <strong>get stuff you're used to doing in an hour&hellip; done in 45 minutes or less</strong>. This could very well mean your work, due to a higher sense of structure and ordered tasks there. But it could just as easily be a household chore or other recurring activity at home. This doesn't mean you'll rush through it carelessly. It means you either become <em>more intense</em> about finding shortcuts or <em>not</em> doing/ignoring unnecessary parts (and there almost always are if you look really closely), or delegating/outsourcing it to someone else entirely.</p> <p>I find practicing this every day of my existence not only makes me sharper, it helps me to have more <em>useful fun</em> &mdash; what I often portmanteau as &quot;<strong>usefun</strong>&quot; &mdash; because events are more memorable. My comprehension and self-awareness increases. I care more, and I'm far better off than, say, someone who isn't just riddled with distractions, but is merely doing an &quot;OK&quot; job and not looking to get more out of all those little slices of time that pass us each day. That's such a sloppy waste, especially when there are so many opportunities to invest in a tool or pay a person to help us make <em>better</em> use of our time.</p> <p>In turn, when you're stretched out and relaxing &mdash; whether it's in our bed or on the beach &mdash;&nbsp; you'll feel <em>that</em> much better about it. You've optimized what needs to be tight, and now you can enjoy the slack.</p> <h2>A matter of perspective</h2> <p>As tough as it can be to avoid when you're in a jam, <strong>penny-pinching at the expense of feeling freer isn't <em>really</em> saving money at all</strong>. It's like hoarding a small treasure in a locked room when there's so much gold to discover outside the door, as scary as it may seem.</p> <p><em><strong>Do you regularly and consciously spend money to save time? Or is something you're still afraid of?</strong> <strong>And if you have questions about my specific processes, please ask!</strong></em></p> <p>&nbsp;</p> <p>Editor's note: This post was selected for <a href="http://lenpenzo.com/blog/id598-the-best-of-the-best-in-money-and-personal-finance-2.html">The Best of the Best in Money and Personal Finance carnival</a>!</p> <p>&nbsp;</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/torley-wong">Torley Wong</a> of <a href="http://www.wisebread.com/how-do-you-spend-money-to-save-time">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/time-is-money-budget-them-both-out">Time Is Money: Budget Them Both Out</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/one-genius-little-button-thats-saving-me-a-whole-bunch-of-time">One genius little button that&#039;s saving me a whole bunch of time</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-ways-to-make-amazon-pay-you">7 Ways to Make Amazon Pay YOU!</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-audiobooks-about-money-you-need-to-hear">5 Audiobooks About Money You Need to Hear</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/15-time-saving-tools-everyone-should-own">15 Time-Saving Tools Everyone Should Own</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Productivity Amazon batch cle lifestyle design mechanical turk money mturk outsource save spend tim ferriss time usefun Tue, 21 Apr 2009 01:49:41 +0000 Torley Wong 3069 at http://www.wisebread.com That Age-Old Conundrum: Time vs. Money http://www.wisebread.com/that-age-old-conundrum-time-vs-money <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/that-age-old-conundrum-time-vs-money" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/375404982_bdbbaea92f.jpg" alt="perplexed" title="...perplex..." class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>Have you ever thought, &quot;If only I could do X, it wouldn&#39;t matter how much money I made?&quot; Or maybe you&#39;ve wondered, &quot;Why do I feel like I do so much for so little compensation?&quot; If you&#39;ve had these or similar thoughts, you&#39;re not alone, and you&#39;re probably suffering from some disjointed thoughts about time and money.</p> <p>Believe it or not, it&#39;s easy to get stuck living a life you&#39;re unhappy with because your time and your money aren&#39;t connected in the way you&#39;d like them to be. If you don&#39;t think about it, you&#39;ll live a life that says you value what the people around you value, or what your parents taught you to value, but that may be a far cry from what you actually value. Here are some competing theories about the relationship between time and money, and some thoughts on figuring out what they mean to you. </p> <p><strong>Time is money</strong></p> <p>In this theory, your time is only as important as the amount of money you can make. You focus on a particular task for a particular amount of time and get paid a particular amount of money for your trouble. That money, and nothing else, shows you the value of your time.</p> <p>Many people hold this as true, though some hold it to a greater extent than others. For many, this is only true during the work day, but personal time is different. But for others, this is a ruling principle of life. If you&#39;ve ever felt like your personal value depended at all on your salary, that&#39;s evidence of this sort of thinking. </p> <p>It&#39;s key to note that this is the principle that most jobs are built around. An employer determines how much it&#39;s worth to him to have a person performing a certain task for a certain amount of time, and pays that wage. There are definitely complicating factors, but that&#39;s the basis on which salaries are determined. So this is a driving principle in Western culture (and increasingly in Eastern ones).</p> <p><strong>Time over money</strong></p> <p>If this is what you believe, then the amount of money you make doesn&#39;t mean much to you. You&#39;d much rather have your time to yourself, or at least under your control, than let someone else control it for whatever amount of money they value it at.  </p> <p>Do you work a lower-paying job because you get more days off or control your personal time? Then you might subscribe to this theory. Do you freelance because you want to be able to meet those friends for lunch whenever they&#39;re free? Then you definitely value controlling your time more than you value making a particular amount of money.  </p> <p><strong>Money over time</strong> </p> <p>Would you rather work through weekends to have more cash, particularly if you get overtime? Is the stress of major responsibility worth it to you because you make more money when you take it on? If it came down to a decision between a date-night with your spouse and a few more hours that would net you some serious income, would you choose to work?</p> <p>If you answered &quot;yes&quot; to any of those questions, then there are times when you value money over time. You want cash, whether it&#39;s for financial security or so you can buy that new toy, and you&#39;re willng to give up total control of your time (and other people&#39;s) to get it.  </p> <p><strong>Practically</strong></p> <p>In our daily lives, most of us subscribe to these different theories at different times. Maybe the success of our weekdays is determined by how much money we make, but that of our weekends determined by how much time we get to spend chillin&#39; in front of the television. </p> <p>We also subscribe to these ideas to varying degrees. Sometimes, money is important, but only so long as a person can take two weeks of vacation every summer. Or maybe someone wants to stay home with their kids, but they also need to make a certain amount of money to live.</p> <p>It doesn&#39;t matter how you fit these ideas together; what matters is that you know how they fit together for you!</p> <p><strong>Figuring it out</strong></p> <p>Ask yourself the questions below. Spend 5-15 minutes answering each one, either in discussion with someone else or in a journal. When you&#39;ve finished answering, you&#39;ll have a pretty good idea as to what you value, how much you value it, and when you value something else entirely. </p> <p>1.  If you had the option to work over the weekend making double-time, would you do it? What if your kid had a big game on Saturday or you had planned a date to the Met? How would you justify your choice?</p> <p>2. Looking over the last year, how often have you taken vacation? Sick days? Did you ever go to work instead of taking time off because being absent negatively effected your paycheck? </p> <p>3. How do you look at your wages? Are they never enough, just right, or plenty for your needs? Do you feel like you trade your time for money? If so, is it a fair trade? If not, would you prefer more money or more free time?</p> <p>If you feel the desire, share some of your responses with us. I&#39;d love to know where Wisebread readers stand! </p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/sarah-winfrey">Sarah Winfrey</a> of <a href="http://www.wisebread.com/that-age-old-conundrum-time-vs-money">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/why-buy-one-get-one-free-is-usually-a-bad-deal">Why &quot;Buy One Get One Free&quot; Is Usually A Bad Deal</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/chinese-money-habits-how-my-culture-influences-my-attitudes-toward-money">Chinese Money Habits - How My Culture Influences My Attitudes Toward Money</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/in-times-like-these-separate-the-want-from-the-need">In times like these, separate the want from the need.</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/sensible-ways-to-raise-cash-for-a-wedding">Sensible Ways to Raise Cash for a Wedding</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-worst-time-of-day-to-do-everything">The WORST Time of Day to Do Everything</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> General Tips money time time is money time vs. money Mon, 13 Oct 2008 21:00:55 +0000 Sarah Winfrey 2515 at http://www.wisebread.com One genius little button that's saving me a whole bunch of time http://www.wisebread.com/one-genius-little-button-thats-saving-me-a-whole-bunch-of-time <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/one-genius-little-button-thats-saving-me-a-whole-bunch-of-time" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/61780671_1574a5db01.jpg" alt="Happy Brit button smiley flag" title="Happy Brit button smiley flag" class="imagecache imagecache-250w" width="250" height="254" /></a> </div> </div> </div> <p>How many times do you click on a link to an article, video, image or anything else of interest and want to visit the homepage of that site? It happens to me all the time. Sometimes finding the homepage link is fairly easy, on other occasions it&#39;s buried. And then you have to go up to the address bar, delete all of the information before the domain name and hit enter. Well, not any more with the help of this &quot;bookmarklet.&quot;</p> <p>It is the brainchild of Billy Chasen, author of  <a href="http://anerroroccurredwhileprocessingthisdirective.com/2008/03/22/go-to-home/">[anerroroccurredwhileprocessingthisdirective].com</a> (nice and easy url Billy). Billy explains the simplicity behind his idea:</p> <blockquote><p><em>The best ideas come from finding something you do all the time, realize you do it, and then automate it.</em></p> <p><em>With me, I discovered that I frequently go to the base domain of a website by going to the URL, highlighting and deleting the junk on the end of the domain name and then pressing enter. I HATE doing it. I also have to do it when websites don’t link to their home page.</em></p> </blockquote> <p>As someone who does a lot of research online for Wisebread, and my job, I&#39;m coming up against this on a daily basis. Countless links lead to websites that I just want to know more about, but I end up having to spend valuable time editing the web address (which doesn&#39;t always work either, usually because I delete an extra letter or symbol by mistake). </p> <p>The &quot;bookmarklet&quot; Billy has devised uses a simple piece of code, that I don&#39;t pretend to understand, to get around all of that. To get this simple little button, <a href="http://anerroroccurredwhileprocessingthisdirective.com/2008/03/22/go-to-home/">visit Billy&#39;s site here</a> . You&#39;ll be greeted with the image below. Simply drag the &quot;go to home&quot; button to your bookmark bar, and hey presto, now you can get to the homepage of any site just by clicking it. </p> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u17/Go_to_Home_1220074418884.png" alt="go to home" title="go to home" width="500" height="168" /> </p> <p>It&#39;s already saved me a bunch of time this evening. And as we all know, time is money.If you have Firefox, you can also<a href="https://addons.mozilla.org/en-US/firefox/addon/869"> try this little add-on</a> that basically navigates you up one level. Enjoy, and thanks Billy. </p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/paul-michael">Paul Michael</a> of <a href="http://www.wisebread.com/one-genius-little-button-thats-saving-me-a-whole-bunch-of-time">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-do-you-spend-money-to-save-time">How do you spend money to save time?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/quick-vista-hack-to-get-you-browsing-at-high-speed-again">Quick Vista Hack to Get You Browsing at High-Speed Again</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/dont-have-a-sven-sandy-might-be-the-next-best-thing">Don&#039;t Have A Sven? Sandy Might Be the Next Best Thing</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-essential-tools-for-getting-work-done-anywhere">7 Essential Tools for Getting Work Done -- Anywhere!</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/three-quirky-search-tools-to-help-you-get-results">Three Quirky Search Tools to Help You Get Results</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Life Hacks Productivity Technology application bookmark browsing Internet research save time web Sat, 30 Aug 2008 05:38:39 +0000 Paul Michael 2384 at http://www.wisebread.com Daylight "Saving" Time...What Does It Save, Anyway? http://www.wisebread.com/daylight-saving-time-what-does-it-save-anyway <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/wisebread_imce/watch.jpg" alt=" " width="314" height="209" /></p> <p>I&#39;ve always liked long summer evenings, so I look forward to springing forward with daylight saving time every year. But not everyone feels the same way, and I recently learned some things about DST that make me wonder if it&#39;s a wise policy or an industry scam.</p> <p>Daylight saving time arrives earlier this year, so that means that we&#39;re going to spring forward on March 11, a full three weeks sooner than we&#39;ve been springing forward for the last few decades. The <a href="http://usgovinfo.about.com/od/consumerawareness/a/dstextend.htm">latest adjustment</a> to DST (there have been many over the past hundred years or so) is part of an <a href="http://usgovinfo.about.com/gi/dynamic/offsite.htm?zi=1/XJ&amp;sdn=usgovinfo&amp;zu=http%3A%2F%2Fthomas.loc.gov%2Fcgi-bin%2Fbdquery%2Fz%3Fd109%3Ah.r.00006%3A">energy bill passed by Congress in 2005</a>.</p> <p class="heading">What&#39;s the Rationale?</p> <p>Essentially, to get more sunlight out of the day. The idea is that the more natural light that we get in the evening, the less energy we use when we get home from work. If it&#39;s light out, we won&#39;t turn on the lights. Supposedly.</p> <p class="heading">It Saves Energy, Right? </p> <p>The &quot;official&quot; reason behind Daylight Saving Time (also called Summer Time, in some parts of the world) is <a href="http://www.energy.ca.gov/daylightsaving.html">energy conservation</a>.</p> <p class="blockquote">Studies done in the 1970s by the U.S. Department of Transportation show that we trim the entire country&#39;s electricity usage by about one percent EACH DAY with Daylight Saving Time. Daylight Saving Time &quot;makes&quot; the sun &quot;set&quot; one hour later and therefore reduces the period between sunset and bedtime by one hour. This means that less electricity would be used for lighting and appliances late in the day.</p> <p>Researchers and Congress have found all kinds of <a href="http://news.nationalgeographic.com/news/2004/03/0330_040330_daylightsavings_2.html">great things to say about DST</a>. Traffic accidents are supposedly reduced significantly, as are crimes such as vandalism. </p> <p>It&#39;s a really nice idea, too, if it were at all true. In fact, DST is the darling of the retail industry. The quote below, from National Geographic news, is taken from a Congressional report issued in 1986 (emphasis mine):</p> <p class="blockquote">[M]ore daylight outdoor playtime for the children and youth of our Nation, greater utilization of parks and recreation areas, expanded economic opportunity through <strong>extension of daylight hours to peak shopping hours and through extension of domestic office hours</strong> to periods of greater overlap with the European Economic Community.</p> <p class="heading">Save WHAT? </p> <p>Ah, there it is. It&#39;s a nice idea that kids play outside longer and parks get used, but another important point is that we stay out longer and spend more money when the weather is good. </p> <p>Just ask Michael Downing, author of <a href="http://www.amazon.com/Spring-Forward-Annual-Madness-Daylight/dp/1593760531">Spring Forward: The Annual Madness of Daylight Saving Time</a>. According to Downing:</p> <ul> <li>Because the sun won&#39;t rise until between 7:30-8:30 a.m., we have to turn on our lights in the morning, thus squandering any electricity savings. </li> <li>An extra hour of daylight after work means that people will be tempted to go out shopping instead of going straight home, thus increasing fuel use.</li> <li>The DST extension here in the US will put our time out of sync with Europe&#39;s, which is estimated to cost the airline industry $150 million per year.</li> </ul> <p><span class="heading">Sweet Intentions</span> </p> <p>It&#39;s not your average retailer that is <a href="http://www.npr.org/templates/story/story.php?storyId=4572036">pushing for DST</a>:</p> <p><strong>Halloween Trick-or-Treaters:</strong> In the United States, DST always ends a few days before Halloween. A bill to extend DST to Halloween is proposed almost every session of Congress, an effort to provide trick-or-treaters more light and, therefore, more safety from traffic accidents. Also, for decades, candy manufacturers have lobbied for a DST extension to Halloween, as many young trick-or-treaters gathering candy are not allowed out after dark. An added hour of light could mean a big holiday treat for the candy industry. </p> <p class="heading">Fun DST Facts</p> <ul> <li>Although we all say &quot;daylight savingS time&quot;, there&#39;s technically not supposed to be an S at the end of &quot;saving&quot;, even though it sounds better. </li> <li>Hawaii, American Samoa, Guam, Puerto Rico, the Virgin Islands, and most of Arizona do not fall back or spring forward.</li> <li>Indiana used to be split on the issue - only now is the entire state legislated to observe DST.</li> <li>Livestock farmers are generally opposed to DST because they believe that changing schedules is bad for the animals.</li> <li>The concept was first introduced by Benjamin Franklin.</li> <li>Canada has pretty much been forced to use DST because their economy is so closely tied to ours. The exception would be my Uncle Percy in Saskatchewan. He doesn&#39;t observe it.</li> <li>Countries near the equator are more or less blissfully oblivious to DST, because it&#39;s ALWAYS SUMMER WHERE THEY LIVE.</li> </ul> <p class="heading">Y2K Repeat?</p> <p align="left">The change is <a href="http://archives.seattletimes.nwsource.com/cgi-bin/texis.cgi/web/vortex/display?slug=daylight02&amp;date=20070202">wreaking havoc on computer techs</a> the world over, who are just now getting around to <a href="http://blogs.msdn.com/mthree/comments/1244159.aspx">updating software</a> with patches to adjust the DST date (even though we&#39;ve known about this for 2 years).</p> <p class="heading">Fix It</p> <p>Lots of companies are providing software patches to help you and your little machines adapt to the new DST timing. Click <a href="http://www.dstpatch.com/">here</a> for some valuable links to vendor patches.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/andrea-karim">Andrea Karim</a> of <a href="http://www.wisebread.com/daylight-saving-time-what-does-it-save-anyway">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/living-without-air-conditioning-can-save-big-bucks-this-summer">Living Without Air-Conditioning Can Save Big Bucks This Summer</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/what-americans-can-learn-from-how-the-rest-of-the-world-saves-energy">What Americans Can Learn From How the Rest of the World Saves Energy</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/free-fluorescent-lightbulbs-a-very-bright-idea">FREE fluorescent lightbulbs - a very bright idea</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-money-moves-you-will-always-be-thankful-for">7 Money Moves You Will Always Be Thankful For</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/15-retirement-terms-every-new-investor-needs-to-know">15 Retirement Terms Every New Investor Needs to Know</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Extra Commentary daylight saving electricity energy fall back hours savings spring forward time Y2K Fri, 09 Mar 2007 20:59:15 +0000 Andrea Karim 335 at http://www.wisebread.com