• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Productivity
  • Technology
  • Development
  • Organize
  • Money
  • Time
  • Misc

Productivity501

Pieces of the productivity puzzle.

  • Home
  • Blog
  • About
    • Archives
  • Newsletter
  • Products
    • Courses
  • Contact
You are here: Home / Money / Productivity and Finances

Productivity and Finances

By Mark Shead 1 Comment

A lot of people tend to think of productivity in a vacuum.  They want to get more done.  However at the end of the day your work translates into money which translates into purchasing power.  Sometimes instead of just concentrating on how to do more work, it is more efficient to concentrate on the conversion process–how the work turns into money and then turns into things you need. 

For example, if you currently work for $50 per hour and  you are able to make a change that allows you to turn  your work into money at a rate of $75 per hour, you’ve increased your productivity by 50%.

On the other hand, if you can make your money go further you can also increase your productivity.  For example, if you live in an area where your housing costs are $30,000 per year and you move to an area where your housing cost is $15,000 per year (but your income and other factors are still equal) you’ve significantly increased your productivity.  The amount you have to work in order to pay for housing has been cut in half.

Don’t get so caught up in trying to do more that you miss opportunities for productivity other than just doing more work.

This post is the first of several Wednesday posts on finances.  Watch for more financially related Wednesday posts in the coming months. 

Filed Under: Money Tagged With: finances

Reader Interactions

Comments

  1. Daryl says

    February 6, 2008 at 5:19 am

    Great thoughts Mark. “Do less work for more” sounds just great. I’m going to have to try and focus on the conversion process a bit more.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Featured Posts

The $500,000 Solution to a $12 Problem

College Degree And Income Potential

Photo Sharing Christmas Gift Ideas for Family

Minimal Minimalism

See Your Mail Before It Arrives

Finishing vs. Starting

Best Bluetooth Headset I’ve Owned

What Is Your Current Work Zone?

Social Glass Ceilings

How Much Time Do You Actually Have

Return to top of page

Copyright 2018 Xeric Corporation