Besides money, our other most important resource is time. In this video, I’ll be giving you 10 tips on how to save your time and increase your productivity. Because time is an important resource and you should make full use of it as much as you can.
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0:00 – Introduction
0:41 – Automation
Automate your bill payment by using GIRO. The company will just deduct the money straight from your bank instead of you having to manually pay. Always check if it is possible to charge to your credit card instead, that way you will earn some cashbacks.
Get a robot vacuum cleaner to sweep the floor. You don’t have to get those expensive robots, just go to Taobao or Aliexpress to get a cheap but good quality robot.
You can also automate your investments by using a dollar cost average platform, or by using RoboAdvisors. You shouldn’t be timing the market anyway. There are many studies which found that dollar cost average will yield the best returns for most people.
2:38 – Reduce Phone Distractions
An average person spends anywhere between 3-5 hours everyday on their phones. Imagine the things that we could be achieving if we weren’t so stuck on our phones. Turn off notifications for social apps to reduce distractions. You can also download an app called Forest to help you stay focused.
4:18 – Batching
Instead of doing the same task over different times, batching is just doing the same task all at once. For example, batch checking your emails to only 2 times a day. Batch doing your chores all in 1 day. Also batch your meal prep, there’s lots of meal prep ideas online!
5:19 – Speed Up Videos
When watching youtube videos, increase the speed of the video to save time. This works the same for audio books. Listen to the books at a much higher speed so you can finish the book faster. Personally when watching movies or animes, I’ll skip forward during boring scenes too.
6:23 – Online Groceries
By buying groceries online, you get to save so much time. The food quality is almost the same as buying in the grocery yourself. But here are some small things I would have to get used to:
not the freshest meat, some eggs may come cracked, lots of plastic bags.
Check out MoneySmart for a list of online groceries. Try to meet the minimum spend so you don’t have to pay delivery fees.
7:46 – Simplify Your Wardrobe
By simplifying your wardrobe, you will save money and you don’t have to spend time choosing which clothes to wear. Many successful millionaires like Mark Zuckerberg and Steve Jobs wear the same clothes all the time.
There’s also something called decision fatigue. The more decisions we have to make, the more mentally draining it will be, causing us to make more mistakes. By simplifying your wardrobe, you will the decisions you will have to make.
9:13 – Slow Cooker
If you cook often, get a slow cooker and it will save you a lot of time. All you need to do is just prepare the ingredients before hand, throw everything in the slow cooker, turn it on, then it’s done. Best of all, slow cooker foods are really hearty and nutritious.
9:51 – Use Digital Calendar
We have lots of stuff to do every single day. And sometimes we will forget to do the most important things. That’s why you should use a digital calendar to keep track of all your todos. Keeping track of your schedule is the best way to achieve goals in life. Personally I would also choose to do the more important tasks and reschedule less important ones to a later date.
10:46 – Parkinson’s Law
Work expands to fill the time available for its completion. For every task that you have, set very tight deadlines to them, then treat it as a quest to complete it before time is up.
12:02 – Organizing Your Home
By organizing stuff in your house, you will spend much less time trying to look for stuff when you need it. Purge stuff in your house, donate away stuff which you haven’t worn for a long time. When you can organize stuff like this, everything will be in their right place, you will only have necessary stuff in your house, saving you lots of time.