Time management discussion with Ann Althouse (only sort of)

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When you try to decide should you stay at your job or should you quit, you probably focus on the part of your job that is not core to you. For example, getting coffee for the boss. You do that and then your boss teaches you, say, how to review a fashion show in Milan. Not a bad trade. For some people.

You can complain about the getting coffee part of any job, but there is not job without its getting-coffee equivalent. We spend a lot of time looking for “the perfect job, but instead of trying to eliminate the bad parts of a job, try focusing on what part of your day is fulfilling core needs for you, and make sure your job facilitates that fulfillment.

Then manage the annoying parts. Do them quickly to make sure you spend your time on what you like. And get out of the type of work that is so frustrating that it would be a deal breaker.

In this respect, finding a job you like has a lot to do with how you manage your time in that job.

I interviewed Ann Althouse a while back for a time management column I was writing. I picked her because she is a law school professor at University of Wisconsin- Madison Law School, and she writes one of the most popular blogs on politics. I thought she’d have good time management tips because she has two very time-consuming jobs.

I thought the interview was a bust, because unlike everyone else I interviewed, she didn’t come up with a list of tips for me. But I realize now, six months later, that she came up with philosophical tips for time management. Her tip is that in order to manage time well, you have to be philosophically clear on what your life is about and where your fulfillment comes from.

Ann wants to write about constitutional law. That’s her field. She wants to get non-legal types talking about the difficult legal issues that are at the core of our country. But she realizes that a constitutional law blog would be dead on arrival: “If I said this is all law all the time I wouldn’t have the lay readers that I like engaging on legal topics.”

So she blogs about politics in order to retain her audience and then she slips in constitutional law issues when they come up. She thinks of her blog as fulfilling her calling – to educate people about constitutional law.

I asked her if it’s hard to blog about topics that are not central to her interest and she said: “You can’t like everything you do.”

This is obvious, yet many of us spend a lot of energy trying to get around this nonnegotiable truth. She inadvertently gave great advice about managing a career: It is worthwhile to do something that is not core to you in order to get to the part that is truly your calling.

But even Althouse has her limits. When it comes to the blog, the comments are the biggest problem for her. So she doesn’t exactly read them. “I spend a second on each one to make sure nothing terrible is happening…There is no amount of time management that can make you do something you don’t want to do.”

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Twentysomething: Best Buy gets it. Stop watching the clock.

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By Ryan Healy — College taught me the true meaning of independence. I attended classes when I chose, I studied at my convenience, I partied at my leisure and I relaxed when I needed to relax. You would assume that since I am now an “adult,” I would at least have this same sense of independence in the corporate world. But working in this antiquated “count-the-hours” corporate structure, I am controlled and monitored more than I was by my parents in high school.

“I’m going to leave at 3:00 pm today, my wife is out of town and I need to pick my kid up at school or he will miss baseball practice.” This is just one example of the countless excuses to leave early that I have heard from my superiors.

Why do my managers and superiors feel a need to explain their need to leave early to me? I don’t care! Leave early if you have to. You have a life! I have a life! Work is just a part of life! I don’t need to know if your kid is sick or if you have a doctor’s appointment. We are all grown-ups here…I trust you.

I can’t blame my coworkers for this. I find myself coming up with ridiculous reasons for leaving a little early as well. We work in a corporate culture that believes more time equals more productivity and the people who work the most hours are the ones “going the extra mile.”

Best Buy has instituted a program called Results Oriented Work Environment (ROWE), to combat this antiquated, assembly-line way of thinking. Workers come in when they want, they leave when they want and they don’t make excuses. Major deliverables are known in advance and management trusts its employees to get the job done. This may be an elaborate PR stunt, but if Best Buy actually practices what they preach; they are embracing the blended life.

I am absolutely convinced that this is the future of work. How refreshing would it be to have no idea how many hours you worked because there is no distinction between work hours and life hours?

It’s a new way of thinking, and like my buddy Ryan Paugh said, “change” is a dirty word, but it’s necessary and it’s logical. My peers entering the workforce are not preprogrammed to make a giant distinction between work time and other time. Now is the opportunity to make this very simple change in thinking. It’s a win-win situation. Half of the American population will no longer hate their jobs, which will inevitably lead to increased production for the corporations. The only sector that could possibly lose out is pharmaceutical, when clinical depression reaches an all-time low. And that’s just fine by me.

I’m amazed that a program such as this can be considered revolutionary. To me, it just makes sense. Apparently some older workers equate not having strict business hours with working around the clock. This is completely understandable. If you have been controlled by the clock and overly concerned with hours for years, then it may be hard to differentiate productivity from hours worked. When I have had enough and am struggling to concentrate on my work, it seems pretty obvious to me that I need to shut it down and do other things. The work can be finished later.

Of course, it will not be easy to implement this new way of working for every type of job. Hourly workers actually need to record their time, doctors need to be around in case of an emergency, stock brokers must be available when the market is open and I’m sure there are other examples where this would not work too easily. However, a Results Oriented Work Environment for the average corporate Joe would be a beautiful thing.

Best Buy (or at least their PR department) is redefining the meaning of work-life balance. Simply put, they have created a blended life culture. The wheels have been set in motion; it’s only a matter of time before everyone hops on board.

Ryan Healy’s blog is Employee Evolution.

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Five steps to higher productivity

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One of the best ways to distinguish yourself at work is through productivity. We’re all sifting through too much email, we all have more work than we can ever get done, and we all have access to more information than we could ever consume.

The people who make the best decisions about how to process this information quickly and effectively are the people who will stand out in the workplace.

Productivity Is a Skill

It used to be that people went to work from 9 to 5, and if you were serious about your career you worked much longer hours. But few people still aspire to a 9-to-5 job, and most of us use productivity tools to manage our time in a way that facilitates a great personal life and a great work life.

Thousands of people read productivity tips on Lifehacker.com every day of the week, and dissect David Allen’s bestselling book Getting Things Done with the fervor of an English lit student explicating Ulysses.

Productivity skills are a new measure of career potential, so you need to develop them. Here are five suggestions for how to excel at productivity.

1. Do the most important thing first.

Gina Trapani, the editor of Lifehacker.com, calls this a “morning dash.” She sits down at her desk and does the No. 1 item on her to-do list so that she knows it’s finished.

This requires a lot of prior planning. You need to write an accurate, prioritized list and you need to block out a portion of your morning to accomplish your No. 1 task uninterrupted.

The hardest thing about living by a to-do list is that you have to constantly ask yourself the difficult question, “What’s the most important thing to me right now?”

A good to-do list includes long-term and short-term projects, and it integrates all aspects of your life. “Pick out lawn furniture” is on the same list at “go to the board meeting” because both are competing for the same, limited amount of your time.

2. Keep your inbox empty.

Your inbox is not your to-do list; your to-do list is something you compile and prioritize. If your inbox is your to-do list, then you have no control over what you’re doing — you’ve ceded it to whoever sends you an email next.

Productivity wizards experience less information overload because they deal with an email as soon as they’ve read it — respond, file, or delete. Nothing stays in the inbox. Reading each email four or five times while it languishes in your inbox is a huge waste of time, and totally impractical given the amount of email we all receive.

3. Become a realist about time.

You can schedule and schedule and schedule, but it won’t do any good unless you get more realistic about time. Develop a sense of who in your life is good at estimating time and who isn’t, because you need to be able to compensate for the people who mess up your schedule with poor time estimates.

In general, though, we’re all bad at estimating time. We overestimate how much time we have and cope poorly with the fact that what we do with our time changes from day to day. So the first step toward being good at estimating time is to understand your own inherent weaknesses. Then, at least, you can start compensating.

4. Focus on what you’re doing so you can do it faster and better.

Most of the time, multitasking doesn’t help you. It works for short, repetitive tasks that you’re very familiar with. But you don’t want to develop good work habits for boring work. You’d probably prefer to stretch your brain and try new things, and that kind of work requires focus.

A wide range of research has shown that even if you can talk on the phone and use email and IM at the same time, multitasking decreases your productivity. Our creative powers are compromised when we multitask.

The other common culprit to focusing is lack of sleep. Some people think they can use caffeine to dull the need for sleep, but it catches up with them. Fortunately, you only need a 10-minute nap to get your brain back on track. And when you’re making up for several nights of lost sleep, you don’t need to make it all up — you just need seven hours to get back on your game.

5. Delegate.

Once you know what’s most important to you in all aspects of your life, you’ll know what to delegate. And the answer will be almost everything. The hardest part of productivity is admitting that you can’t do everything.

In fact, it’s the core of what being an adult is — as a child, everything looks possible. Adults are hit quickly with the cold reality that they can only do what’s most important. So be very clear on what that is, and delegate as much of the other stuff as you can.

At work, good delegating doesn’t mean dumping your worst tasks on your co-workers. In fact, you often need to delegate your most appealing work and do some of the grunt work yourself. Because in the end, your No. 1 productivity goal is to get what’s important done — it doesn’t matter who gets it done, and you’re more likely to get a lot of help if you offer your fun stuff.

This holds true for your home life, too — you can delegate a lot more at home than you think you can without losing the things you care about most.

Productive to the Core

The core of productivity is self-knowledge, which is emotional intelligence.

You have to know what you want most in order to know what to do first, and you have to know your goals before you can productively meet them.


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If you don’t like writing lists, buy a new pen

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I am a list writer. I do it by hand. Every day. Sometimes three or four times a day, if I’m feeling really overwhelmed.

Lists are a great way to force yourself to prioritize your life. When you read lists of why people fail, it’s clear that writing a list of goals every day will make your more successful at reaching them.

But a lot of days, I think the motivator for me is not being a successful person. I just like the act of writing the list. I do it every morning, before I start work. And it’s calming, like a meditation.

It also helps me to see my day — and when I write big goals, my life. There is a discipline that comes with rewriting every morning. You know those things that you keep on your list forever but never get to? You face reality much sooner if you rewrite by hand. The repetition of rewriting something that will never happen starts to get to you. You leave it off.

I am not alone in the idea of writing by hand to gain focus. Dave Wirtschafter, president of William Morris Agency said in an interview in Fortune magazine: “I believe in writing down anything important by hand. I don’t now whether it’s staring at the piece of paper or the physical exercise of moving the pen. Whatever it is, the information seems to really stay in my head and make me more focused.”

If you don’t do this, I recommend that you give it a try. Get rid of your electronic list for a week and see what happens. Henriette Klauser says that if you write down what you want the commitment you give to the writing of the goal will actually help you commit to making the goal come true. I think there’s some truth to that. And maybe you should check out her book, Write It Down, Make it Happen.

But maybe what you should do is just buy some good paper and good pens. I like to use notebooks of graph paper. I think the boxes make me feel more organized than just horizontal lines. And I use pens that ooze ink. You can’t underestimate the importance of feeling the pen sail on the paper.

Don’t tell me you’re too busy. The mere act of devoting time each day to your list is an acknowledgment of the importance of your prioritizing, goal-setting, and focus in your life.

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Figure out what you really want by writing letters to yourself

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People often tell me that I should answer more questions from readers. I do actually answer a lot of questions, but I don’t put them in a Q&A format. People say they like the Q&A format. But I don’t believe people like it as much as they say they do.

I confess, however, to really liking Dan Savage’s Q&A column. But I think he makes up his own questions. Which makes me feel free to do a Q&A column where I make up all the questions myself.

Question #1

Dear Penelope,
What should I do to look more like a leader?

Signed,
Penelope's old boss

Dear Sir,
Stop biting your nails! Remember that Monday team meeting when you tried to get us excited about sales goals? When we asked about looming layoffs, you started biting your nails in between the it'll-be-okay sentences. I remember you putting your fingers in your mouth, trying to get one more millimeter. Bloody tips. I knew I was going to be laid off.

You are a nice guy, and so smart, but you seem to have no knowledge of how you come across to other people. Biting nails does not convey self-confidence. And no one wants to be lead by a nail-biter. People who bite their nails at work amaze me: Do you think biting nails is any more appropriate than pulling out hair at work? It is psychologically the same thing: compulsive, nervous, unrestrained.

Do people keep up this habit when they are feeling great about themselves? No. In other words, leaders don't do this stuff (and if so, never in public). You think nail biting is small, innocuous. But really, you kill your credibility. And you did it way before the layoffs, mister.

Question #2

Dear Penelope,
How did you do so well in business when you got an F in my chemistry class?

Signed,
Penelope's high school chemistry teacher

Dr. Mr. X
First of all, you were so incredibly good looking that you must believe that I really did want to get to class. I just couldn't fit it into my schedule. I had a free period before chemistry and all my friends had a free period during chemistry. I was compelled to think of those two periods as a double-header block of time to hang out.

And thank you for trying to give me a D, really. Your efforts were valiant, especially when you gave me the smartest guy in the class for a lab partner.

Fortunately, study after study shows that kids who do poorly in school can do very well in the real world. The things that really matter in the real world are not chemistry lab tests (unless you want to be a chemist.) The things that matter are perseverance, passion and risk-taking – all attributes that, quite frankly, I exhibited as I ditched chemistry class.

Question #3

Dear Penelope,
You are so talented and insightful, but I am just a little more talented and insightful. So I'd like to mentor you. Can you please send your phone number to me so I can start investing my time and energy in you immediately?

Signed,
Your Fairy Godmother

Hold it. Why does no one send this mail? Getting a mentor is hard, even for Penelope, who constantly writes about how important it is to get a mentor and is always on the prowl. This shows why the Q&A exercise is a good one for everyone: If you write enough letters you'll discover what you’d most like to receive in the mail.

And you will realize that it will never arrive. But before you can reach any goal in this world, you have to know that you want it. So take the first step, and write yourself letters until one strikes you as especially important. And that will help you to focus on what you really want right now.

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Twentysomething: Constantly laying groundwork for the next career move

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By Ryan Healy — A question I have been thinking about for months is, what is more beneficial to a young person’s career; putting in the extra time to do great work for a company that undervalues them, or finding a hobby that will positively contribute to the career they hope to have in the long run?

For me, the answer is the latter. Until I find the perfect career that I yearn for, I will keep searching for areas that interest me outside of work. Searching requires time and effort outside of work, but my career is my personal responsibility, so I refuse to rely solely on a company to develop the skills necessary to become successful in the business world.

When I first started out in the corporate world I listened to all of the typical corporate advice. I networked within my company as much as I could. I tried my best to do amazing work to prove myself to my managers. I stayed around the office until my superiors went home. I did everything in my power to get noticed within the company. And of course, I sucked up to every bigwig I happened to meet.

Wow was I wrong. Listening to this advice and doing all of these things probably are really good for my career — if I want to go to the corner office. But working 20 years to make it to the corner office is the last thing on my mind right now, and statistics show that I probably won’t even stick around long enough to make it the corner cubicle.

So I’ve decided to work hard and participate in some of the office politics. But I’m going to devote a large portion of my time to a new hobby that will probably be more valuable to my career in the long run– blogging.

Most of my friends don’t love their jobs and aren’t sure what they want to do. Of course, many of them just go through the motions at work and relish in their “play time,” which is completely respectable; but some of my most motivated friends are trying to find their next hobby that could spark a great career.

My girlfriend Niki really wants to help children with disabilities. So she wrote some emails and made some calls to local learning centers. Two days later she had leads on multiple volunteer opportunities. Niki found a new hobby that allows her to test the waters in her new field of interest and potential career.

My friend and blog partner Ryan Paugh is teaching himself about web design and plans to take a class to improve his skills. Ryan knows that working hard and networking at his current writing job can be somewhat beneficial to his career. But his new web interest will probably do more for his career in the long run.

One of my friends spends his free time writing screen plays for a potential future in the movie business. Another friend is so bored with work that he decided to take advantage of downtime at work and he’s learning Spanish.

Investing all of your energy into a corporate job is extremely limiting. If I love my current line of work and want to climb the corporate ladder all the way to the top, then making the right contacts, waiting around the office for my supervisor to leave and sucking up to the bigwigs might be the best career move. But my current work probably isn’t what I will do for the rest of my life, and anyway there is always a risk of being fired. So I will do good work, network a little, and put the rest of my energy into a hobby that just might take me where I really want to go.

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Breaking the perfection habit

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I’m not a perfectionist. In fact, when I painted my walls I didn’t paint near the windows because I didn’t want to do the detail work. When I accidentally address an envelope upside down, I don’t get a new envelope.

You know what? Doing those things hasn’t made my life any worse. It hasn’t made me unhappy, and it’s freed me up to do other things besides worry about if what I do is perfect.

I have a good eye for how well something has to be done in order to accomplish what I need to accomplish, and it’s one of my favorite traits about myself. The good that comes from a lack of perfection is that I can set a lot of goals for myself because I get them done.

Here are the reasons I can’t stand perfectionists:

  • Perfectionists procrastinate because they’re scared of not being perfect.
  • Perfectionists are hypercritical to the point that they can’t support people around them.
  • Perfectionists can’t finish a project because they can always think of a way to improve it.
  • Perfectionists are phony, because no one’s perfect and they can’t handle showing that in themselves.

Here are four things to think about if you’re letting perfectionism dictate your life:

1. You get more done if you don’t sweat the details.
My disdain for details started when I looked around at all the people who are disappointed with their lives. For the most part, these are people who wish they’d done something that they didn’t do for fear of failure. In the worst cases, these people have whole lists of such things. Then I saw a bumper sticker that read, “What would you do if failure were not an option?”

When I went through my own list of what I would do, I decided that if I stopped worrying about failure I’d be able to do a lot more. So I started focusing on just getting stuff done instead of getting it done perfectly. Details fell by the wayside.

I also noticed that once I stopped worrying about doing something perfectly, I didn’t have nearly as much reason for procrastination. It’s easy to start something if you tell yourself that getting it done 70 percent perfect (as opposed to 100 percent) is OK.

Believe it or not, in most cases 70 percent perfect is fine for what we do. The trick is to balance fearlessness with attention to detail and understand when you need to concentrate on each.

2. You do better work if you aren’t worried about perfection.
Here’s a story I heard from Alexander Kjerulf, who was talking about David Bayles’s book “Art & Fear: Observations on the Perils (and Rewards) of Artmaking“:

A ceramics teacher announced on opening day that he was dividing the class into two groups. All those on the left side of the studio, he said, would be graded solely on the quantity of the work they produced. All those on the right would be graded solely on their works’ quality.

His procedure was simple: On the final day of class he would bring in his bathroom scales and weigh the work of the quantity group; 50 pound of pots rated an A, 40 pounds a B, and so on. Those being graded on quality, however, needed to produce only one pot — albeit a perfect one — to get an A.

At grading time, the works with the highest quality were all produced by the group being graded for quantity.

It seems that while the quantity group was busily churning out piles of work — and learning from their mistakes — the quality group had sat theorizing about perfection, and in the end had little more to show for their efforts than grandiose theories and a pile of clay.

Think about this in your own life, even if you’re not using clay. The more you practice, the better you’ll get. But you can’t practice if you think only of perfection. Practice is about making mistakes; perfection comes from imperfection.

3. Working the longest hours doesn’t mean you’re doing the best work.
Usually, the hardest worker in an office is a perfectionist. This begs a few questions: Why does this person need to work harder than everyone else? Is she slow? Is she stupid? Is she avoiding her home life?

The people working the hardest are usually stuck on getting all the details perfect, but they’ve lost sight of one of the most important things — which is that you look desperate if you work more hours than everyone else. The person working the hardest looks incompetent, either at managing their workload or at managing their family life.

Of course, you don’t want to work the least number of hours, either. But you want to fall somewhere in between. People who work very long hours are inefficient and sometimes get so little sleep that they’re performing at the level of a drunkard at work. So cut back your hours, and even if you do things with less attention to detail in order to get them done faster, they might actually get done better because you have a better handle on the time in your life.

4. Stop procrastination by stopping perfectionism.
One of the biggest productivity problems is procrastination. And one of the biggest contributors to procrastination is the feeling that we need to do something perfectly.

The key to ending procrastination in your life is to be honest about what you’re really doing with your time and energy. Look closely at why you’ve made the bar so high that you can’t even start. Procrastination can only flourish in a situation where perfection is so clearly demanded and so intrinsically impossible that inaction seems preferable to action.

So be honest with yourself about why being perfect is so important to you. Perfectionism doesn’t make people happy, and often makes them nutcases.

And remember those clay pots — they represent all the creativity and excitement you could unleash if you’d let the attention to detail slip a little.

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Twentysomething: Paychecks are boring

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By Ryan Healy — Unless you are a professional athlete or working on Wall Street, an entry-level salary is not very exciting. When you couple this with the fact that the average college student graduates with tens of thousands in student loan and credit card debt and the cost of renting a place in any major city is an absolute rip off, a paycheck does not go very far. If I am paying an arm and a leg just to have a roof over my head and pay back an education that wasn’t exactly optional, how can I possibly save any decent amount of money? Realistically, I can’t. But that is alright.

If I stay in the corporate world, the paychecks will keep coming, I will pay down debt, I will pay my rent and I will spend the majority of the rest on food, entertainment and happy hours. The remainder will go to savings. One thing I will not waste my money on is “stuff.” Nothing bothers me more than seeing people living in houses above their means and driving cars they can’t afford.

I am not foolish enough to believe a paycheck will ever make me rich. The only reason I get excited about a 3% raise is because of what it represents; my hard work. The increase in money is barely noticeable and will disappear into my 3% lifestyle increase. Sure, I could invest that 3% in stocks, mutual funds or better yet an IRA, but what exactly am I saving for?

It’s a forgone conclusion that I will never retire, and anyone my age who believes they will, is mistaken. First of all, by the time I have children to send off to college, the average tuition will probably be around $100,000 a year. If I have “2.5 kids” that is $1 million dollars out of my pocket (or more realistically out of loans). Even if I deprive myself of vacations, entertainment and fun to save throughout my twenties, I can’t possibly save enough money to retire.

I can’t imagine what I would do if I ever did retire. Sure you may be thinking that I’m barely out of college and wouldn’t be saying this if I had been working for 10 or 20 years. But this is exactly why I am so desperate to find meaning and happiness out of work, rather than just a paycheck.

I guess if the end goal is riding off into the sunset and retiring, then you can put up with a boring, well paid job for 30 years (I guess). This is not my end goal. I would rather find fulfillment in a job that gives me flexible hours and is accommodating to my lifestyle.

Of course, if I am lucky enough to make it to my golden years, I will cut back on the amount I work and supplement my smaller income with the earnings from the smart investments I made along the way. But I certainly won’t be moving south to sit around and do nothing for the last ten years of my life.

The way I see it my life will turn out one of two ways.

1. I will get lucky somewhere along the way and strike it rich. I will pay for my kids’ education, I will buy a moderate house and moderate cars and I will make smart investments for the future. I will use the money to make a difference in one way or another. I will be happy.

2. I will find meaningful, fulfilling jobs with decent salaries or start a mildly successful business. My kids will take out loans for their education, I will buy a moderate house and moderate cars and I will continue to work and invest a reasonable amount. I will donate my time rather than my money to make a difference in one way or another. I will be happy.

Before you assume I am a naïve kid, who needs some financial education, keep in mind, I have a degree in accounting and finance and I regularly read financial books, magazines, newspapers and blogs. Despite all of this, I have come to the conclusion that life is too short to spend worrying about how much money is in my bank account. I will not chase a paycheck.

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Use money to buy time

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Time is more important than money. You think that you know this, but you probably don’t act on it as much as you could. If you spend your time buying material things then you are using up the one thing that can make you happy (time) on things that definitely don’t make you happy (stuff).

In terms of happiness, time matters a lot more than money. The most important factors of happiness — the quality and intensity of your relationships, how often you have sex, how much sleep you get — all come from an investment in time rather than money. (For those of you who think money buys sex, stop yourself: “It's true that money impacts which person you marry,” says professor of economics David Blanchflower, “but money doesn't impact the amount of sex you have.”)

So if you’re considering taking a job that requires long hours so that you can make a load of money, don’t do it. Authors of the book Your Money or Your Life, Joe Dominguez and Vicki Robin, present a fresh way to think about this tradeoff:

“Try turning around the old maxim ‘time is money’ and look at it this way: ‘We pay for money with our time.’ Those hours on the job (or our partner’s hours on the job) are what bring money into our lives. Money, by definition, is simply something for which we choose to trade hours of our life — what we’ll call ‘life energy.’ While money has no intrinsic reality, our life energy does — at least to us. It is precious because it is limited and irretrievable, and because our choices about how we use it express the meaning and purpose of our time here on earth.”

This way of thinking gives you a more concrete way to value your time. And, once you start thinking this way, you can see the astounding ways that people undervalue their own time.

While you’re thinking about what is worth giving up your time for, take a look at the research about materialism; fantasizing from your cubicle about the grand purchases you will make actually makes when you finish work will actually make you UNhappy.

“Seeing the BMW may make you feel unhappy, but psychological studies show that obtaining the BMW would not make you happy,” says Gregg Easterbrook, psychologist and visiting fellow at the Brookings Institute. And the more emphasis one puts on materialism the more likely that person is to be depressed and anxious. So look, it’s a wild goose chase with the stuff — you will never buy the thing that’ll set you on the happiness track.

Most people, when looking back on their lives, wish they had done things that cost time, not money. The Royal College of Surgeons in Ireland, has conducted long-term research about terminally ill patients. The findings: “It is much more common for people to regret not the things they did, but that there were so many things they didn't have the time to do.” So consider seriously the idea of making more time for yourself by agreeing to earn less money. And if you have to work a lot, use your money to buy time — takeout food, a cleaning service, a personal assistant.

Think of all the time you spend planning how you spend your money — balancing your checkbook, preparing taxes, reading financial advice. Spend at least that much time and energy planning how you will spend your hours. People know that if they don’t pay tons of attention to how they spend their money then they’ll never be rich. But think about this: If you don’t pay tons of attention to how you spend your time, you’ll never be happy.

Hat tip: Occupational Adventure

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Twentysomething: I’m in 17th grade

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By Ryan Healy — Most of my friends would love to run their own business some day. Me too. However, we believe the first logical step is to get a few years of work experience, make connections, and save money.

A couple of months ago, my good friends from college, Matt, Cole and Adam, came to visit for the weekend. These three want none of that work experience I’m talking about, so they are opening up a sandwich shop in a college town.

The first thing Adam said when he saw me was, “What does it feel like to be in 17th grade?”

He was referring to the fact that I live in an apartment complex with hundreds of other “young professionals” who are basically living the same boring (his words) lives. At first I laughed it off and told him that he was just jealous that I was making money and could afford to live in a nice place like this.

But after thinking about it, I understand what he means. I more or less live in an adult dorm, albeit a super-sized and super-expensive dorm. Every morning I wake up and put on a suit, or as my buddies call it, a “uniform.” I walk to the subway with all the other young workers or “students,” and I take the subway or “school bus” to work, or as Adam would say, to “17 th grade.”

I have to admit, thinking about post-college years in this way can make me question why I am doing this instead of pursuing something I love. But I have chosen to take a different perspective about this whole 17th grade idea.

Of my college friends, about half are in graduate school. They are in 17th grade much like me; however they are paying for it while I am being paid, and I’m learning how to live in the real world at the same time.

I do not consider myself to be an adult. Whether you think there is something wrong with this or not, it’s a fact. And I would say it’s safe to assume that if you took an inventory of recent college grads in the workplace or grad school, the majority would give you the same answer. I don’t know when or if I am supposed to be an adult. I’m thinking it will be around the time I start a family.

Because of this, I guess you could say that my company has replaced my parents as my support system. They provide me with money to put a roof over my head, they pay the insurance companies to cover most of my medical needs, and instead of asking mom and dad for my weekly allowance, I just wait for that good old bi-weekly paycheck to appear in my bank account.

I try to learn something from everything I do. This so-called 17th grade is just what it sounds like — an educational opportunity for me to master before I graduate to the next phase of my life or the next “grade.” What that grade will be, I have no idea, but I hope to figure it out while I’m here. It might be my own business, it might be a management position in a small company, or it may have absolutely nothing to do with business at all.

My ideal 17th grade will teach me how a successful company runs, how to improve my public speaking skills, and how to work with and eventually manage a diverse group of people. The question I ask myself is, which company or “school” as my buddies would say, will provide me with the best “education?”

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