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Work-Life Balance: More Time And Less Money

By Pinyo 4 Comments - The content of this website often contains affiliate links and I may be compensated if you buy through those links (at no cost to you!). Learn more about how we make money. Last edited February 10, 2014.

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Something I’ve been trying to focus on recently is to spend more quality time with my son. When we are spending more time together, he’s happier and I’m happier.

It hasn’t always been like this. A big part of the problem has been the fact that I’ve been so harried with work. In an effort to make more money, I’ve been letting work slowly encroach on family time. While I always try to make time for him, my attention and focus have been lacking.

So, I started making more time for my son, but that pushed some work later into the night. It isn’t bad on some days. But between my full-time job and my side hustle, I can certainly see my side income slipping.

Finally, I just decided that there were certain things I wanted to do, and that I wasn’t going to let the idea of making money overtake my family life.

Do You Really Need That Much Money?

Work Life BalanceI took a look at my situation, and realized that I didn’t really need as much money. Or, at least there were ways to arrange my schedule so that I had more time with my family. In a lot of ways, it’s about understanding how much is enough.

It’s not like my family is any kind of financial hardship. I make decent salary with my full-time job and my side business is doing more than ok. My wife is also working full-time earning a decent income. And we have enough money stashed away in our bank accounts, and we have decent amount in our retirement accounts to boot. Although I liked the idea of making more money, making more money at the expense of my family relationships doesn’t make a lot of sense.

I took a look at where I stood, and what was going on, and cut back a little bit. All of a sudden, my schedule looked better.

Boosting My Productivity

Another thing I did was look at my productivity level. Every so often, procrastination starts to creep up on me. I realized that I wasn’t maximizing my work time, and made the appropriate adjustments. Even if you start out with a plan, there’s a good chance that, over time, you start to drift away from that.

In my case, I was slowly moving away from my original schedule, getting distracted by little things, and falling behind. That meant that I had to play catch up instead of play with my son, or spend time with my wife. After acknowledging my procrastination problem, and clearing up my schedule a little bit, I’ve been able to boost my productivity overall. That’s been a great help in having more family time later on.

Good Memories Don’t Need to Cost A Lot

While I have no problem spending money on the things that I like, I also know that it doesn’t always have to be about money. Our family enjoy a number of quality activities together — and many of them are low cost.

Some of the things that we enjoy together include:

  • Going to local parks and playgrounds
  • Taking him on bike rides around the neighborhood
  • Watching his favorite shows together
  • Playing video games
  • Deconstructing and reconstructing his Lego sets

We also like to go to the local mall to buy food a Costco, eat lunch at IKEA, and play in the Lego store or the kids area. Of course, this doesn’t always work out to be cheap, but we are pretty good about not spending money when we go to the mall.

There are a number of things you can do as a family that aren’t very expensive. A lot of these activities also provide you with a chance to talk to each other, and to laugh together. One of the best ways to knit a family together is to have fun in each other’s company. That’s been missing from my life lately, and I’m glad that I’ve made the time to bring my family back into focus.

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Last Edited: 10th February 2014 The content of biblemoneymatters.com is for general information purposes only and does not constitute professional advice. Visitors to biblemoneymatters.com should not act upon the content or information without first seeking appropriate professional advice. In accordance with the latest FTC guidelines, we declare that we have a financial relationship with every company mentioned on this site.

This article is about: Family, Jobs And Work Life, Making Money

About Pinyo

Pinyo is the owner of Moolanomy Personal Finance and an entrepreneur with over 20 years of business experience. He has a strong interest in business management, investing, and wealth building.

Comments

    Share Your Thoughts: Cancel reply

  1. William @ Bite the Bullet says

    Then there’s that old standby: board games. There are so many to choose from, and many of them foster good laughs, the foundation of any good time together.

    Reply
    • Peter Anderson says

      Agreed, board games are one of my favorites for getting the family together for some quality time. Although as mentioned by Pinyo there are a million and one ways to get together for some time as a family – going to the park with the kiddos, heading to the mall (and the Lego store), family movie night and so much more. The key is to recognize when things are getting out of balance and make sacrifices to spend that time with the family.

      Reply
  2. c mier says

    Nice article.

    It’s good to remember that we are constantly making a tradeoff of money for time. The longer we think our time horizon is, the more we are tempted to give precedence to the gathering up of money. But as we get older, time slowly gains in importance until eventually the tradeoff ends and we find ourselves quickly running out of both time and money.

    Reply
  3. jim says

    First – I love this site. Good job. As for the board games – you simply can not go wrong playing those with your kids, Our son recently graduated from college and moved back home temporarily to save some $ for grad school. We are still laughing about the board games we played years ago. Great investment!

    Reply
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