As you start working on your passive income, you will realise the importance of time management. You want a steady side income but you must not give up your day time job which gives your secured monthly wages. How to optimally use your 24 hours a day on your passive income and your day time job?
Strategy #1: Keep your home and your work desk organised
You spend most time developing your passive income from home after work. Hence, having a messy home and work desk will make you lose time when you have to search for a missing item every now and then. It dampens your working mood and creativity. To be efficient, you not only need to keep them clean and tidy, but also make sure they are organized so that you can find your items at ease when you need them.
Strategy #2: Compound your activities
Do you listen to music while driving or while doing gym? If yes, why don’t try to learn something about passive income and business instead at the same time? How? Listen to motivational and inspiring podcasts on your MP3 that will teach you about business and passive income. They are easily available on the internet! You can also read a motivational business book while on public transport or even in queue. Be industrious!
Strategy #3: Spend less time on TVs
If the first thing you do when you come home from work is to switch on your TV and then stick to it throughout the night, you are watching too much of it. Cut down on your TV consumption. Use the free time to work on your passive income. Read and learn about it from the internet or books.
Strategy #4: Use time management tool
There are several time management tools out there. One of the techniques is by listing down your tasks according to their priority and urgency. Work on those which are marked as most important and most urgent first, and the least important and least urgent tasks last. Cross them out once you have completed them to have a general idea on your progress. Besides a ‘today’ list, you can also work on a ‘this week’ list or a ‘this month’ list.