5 Reasons To Consider Time As An Important Resource

Do you think often about how you spend your time? Chances are you may not, and a lot of people do not think about it these days. I believe using time is crucial to succeeding at anything in life (personal or professionally). ‌You need to consider time as an important resource when setting your priorities.

Five reasons time is a valuable resource

So why not utilize your time better? As I’ve mentioned before, time is non-renewable. Once you use it, you can never make up more of it. In this article, I will go over five reasons why time is more important than you think it may be.

  1. Time Is Something You Can Never Get Back
  2. Being In The Present Helps Us Use Our Time Wisely
  3. Managing Time Poorly Can Negatively Impact Your Life
  4. Skills Based On Time Invested
  5. The Time To Do Things You Enjoy Is Unknown

Time is something you can never get back

I know I’ve repeated it over and over again, but the first one is crucial to understand. Once your time is up, it’s gone forever. 

It’s not like you can go back in a time machine to make up for more time. That would be great, but we don’t have real-life time machines right now.

Some people value money more than time, which is not all bad. However, even though you may lose money, you can always make more of it as well. Money and time are not the same: ‌Money can be lost while earning more of it, but time cannot be gained back.

Time as an important resource: Time is valuable, especially when we're in the present moment.

Being in the present helps us use our time wisely

Oftentimes, we use the time we have now (the present) while planning it out for the future. Also, we can reflect back on the time we once had (the past).

Out of the three, the present is where we implement and take action. ‌Taking advantage of the present is our only chance to maximize our time.

How mindfulness can help us stay in the present

If you practice meditation, you may be familiar with the idea of mindfulness. Basically, it’s a practice where we’re aware of living in the present moment. 

Making meditation a daily habit, practicing mindfulness has become something I’ve done more often. It can be very beneficial to your mental health, but also to make the best use of your time right now.

According to research from Harvard, those who practice mindfulness are more likely to feel less stressed and think clearly. It really benefits them to where they’re not as overwhelmed at the same time. 

Here’s a video on the benefits of mindfulness, while helping reduce depression as well.

Mindfulness Research Probes Depression Benefits

Managing time poorly can negatively impact your life

Not managing it well can have consequences over time. One personal example may include not spending enough time with family, which matters for a lot of people these days.

For work purposes, struggling to meet deadlines can be a result of poor time management. So not having proper time management skills can lead to not completing work on time, or falling behind on some projects.

Time as an important resource: Practicing mindfulness can greatly benefit us in using our time better.

Skills acquired based on time invested

The time you spent learning a new skill is critical to mastering it over time. It has been commonly said it takes on average 10,000 hours to master a new skill or practice.

The time put into learning something new depends on the individual and their work ethic. But overall, setting the time to learn and then practice it is what matters more in the long haul. It can lead to a big payoff down the road.

Using my time properly to acquire new skills

In recent years, I’ve taken the opportunity to learn new skills that will benefit me later on. It’s important to use that time to acquire or expand on a skillset.

How much time you spent learning a new skill can make a difference in the future. If you’ve mastered a skill (i.e. coding), that’s something you can have to find a better opportunity.

You can also benefit from acquiring skills that are in high demand. ‌The time spent learning a skill is well worth it, especially if it’s for a high-paying job (or starting a business).

Time as an important resource: The time to invest in learning skills is crucial to succeeding in life.

The time to do things you enjoy is unknown

Every one of us has the same 24 hours in a day. Even some of the most successful individuals, such as Jeff Bezos and Elon musk, have only 24 hours each day.

The majority of those hours are spent being awake and working. If you work a traditional work schedule (8 hours or more), that can take up a lot of your time. 

Time as an important resource: The time to invest in yourself and what you do matters a lot.

If you spend a lot of hours working, along with any personal responsibilities (i.e. cooking, taking care of your children), how much time do you have left over? Maybe not a lot, which means less time spent on doing things you really enjoy.

A lot of people don’t spend the majority of their time on things they find fulfilling. It’s sad, but it’s the reality of how people spend their days. If it was the opposite of that, I believe people would be happier and more fulfilled if they did things they love doing.

Final Words

I’ll say it again: Time is a nonrenewable resource in all matters of life. How you use it can determine what you want out of life.

If you want to spend more time with family, managing your time will be key to finding that balance. Or, finding time for things you enjoy doing is another thing to look over.

Whatever the case may be, time is something to value more than ever. If you can become a master at how you use your time, you’ll be one step ahead of the game.

Your Turn: Do you think time is your most valuable resource?

I would like to get your thoughts on this topic. What do you think about time in general?

Would you agree that time is nonrenewable? Do you find it something that you cannot take for granted?

What did you learn from the reasons mentioned earlier? Do you find time to be more important than ever?

Feel free to share your thoughts by leaving a comment below. I look forward to reading your responses, and I’ll gladly respond promptly.

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Eric is the owner and chief editor of notimekillers.com. 

He takes great pride in helping people manage their time and grow their businesses. 

Eric is a firm believer in financial and time freedom, as he believes in financial independence and taking ownership of your time. 

“Time is your most important asset. It can be your best friend or worst enemy. How you use your time can shape the future you desire to have.” 

In his leisure time, Eric loves to write and read whenever possible. He enjoys going for long walks outdoors while doing in-home workout videos every week. 

You can also connect with Eric via LinkedIn.

Self Photo 2019: Here's a picture at a building in downtown Chicago.

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