Newspaper article The Northern Star (Lismore, Australia)

Delegating Your Way to a Better Financial Outcome

Newspaper article The Northern Star (Lismore, Australia)

Delegating Your Way to a Better Financial Outcome

Article excerpt

Byline: FINANCIAL MATTERS JASON MCFADDEN

ONE of my favourite concepts is the rule of 168, which follows some basic facts of life.

The concept says there are only 168 hours in the week and no matter what your age, how much money you make or how wise or educated you are, there are no exemptions to this rule. From this the quality of life we live is a function of how we spend those 168 hours in the week.

Of course, by now you have probably worked out there are not really 168 hours at all.

About 56 hours relate to sleep time, and a further 50 to work and travel.

It is the remaining 62 hours that fundamentally affect the quality of your life.

Of these remaining hours some things can be delegated and some things cannot.

Delegating is not a privilege reserved for the wealthy and we can all do it to somedegree.

By clearly understanding what things can be delegated we free up more of our 168 hours for ourselves and so we can focus on the things that really matter to us. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.