Time and Money
A dear colleague of mine in the non-profit world used to say that when it came to giving, we could offer our time, treasures, and/or talent. Talent is harder to quantify, but time and money certainly isn't. So here's a rough estimate of where I spend my time and money:
Time:
30% sleep
30% work and getting to work
7.5% getting Jada up in the AM and down at night, feeding her, running her to day care
7.5% personal prayer, church types of meetings
7.5% paperwork, chores
7.5% leisure, exercise
5% fun times with Jada
5% fun times with Amy and Jada
Money:
30% taxes
30% retirement / college savings
12.5% church and other giving
12.5% mortgage
7.5% house and phone utilities
5% groceries, personal care products
2.5% leisure, discretionary
Some comments:
* Interesting the symmetry between time and money - in both cases, 60% of it is somewhat off the table, either because of sleep and work or because of taxes and savings.
* We're extremely fortunate that our mortgage is such a small slice of the pie - chalk it up to lucky timing of purchases and refis.
* The utilities number is surprisingly high to me, given that we don't have cable or expensive phone plans; I guess no matter how hard I try to weatherize our house, it's a beast to heat and cool.
It'll be interesting to compare this with 5-10 years ago (i.e. pre-kids) and with 5-10 years from now (i.e. all our kids are here and in growth spurts). Let's just hope my money numbers don't add up to more than 100%, or that my sleep slice of the pie hasn't dwindled down to unhealthy levels!
Time:
30% sleep
30% work and getting to work
7.5% getting Jada up in the AM and down at night, feeding her, running her to day care
7.5% personal prayer, church types of meetings
7.5% paperwork, chores
7.5% leisure, exercise
5% fun times with Jada
5% fun times with Amy and Jada
Money:
30% taxes
30% retirement / college savings
12.5% church and other giving
12.5% mortgage
7.5% house and phone utilities
5% groceries, personal care products
2.5% leisure, discretionary
Some comments:
* Interesting the symmetry between time and money - in both cases, 60% of it is somewhat off the table, either because of sleep and work or because of taxes and savings.
* We're extremely fortunate that our mortgage is such a small slice of the pie - chalk it up to lucky timing of purchases and refis.
* The utilities number is surprisingly high to me, given that we don't have cable or expensive phone plans; I guess no matter how hard I try to weatherize our house, it's a beast to heat and cool.
It'll be interesting to compare this with 5-10 years ago (i.e. pre-kids) and with 5-10 years from now (i.e. all our kids are here and in growth spurts). Let's just hope my money numbers don't add up to more than 100%, or that my sleep slice of the pie hasn't dwindled down to unhealthy levels!
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