Time Valuer / Income and goal tracking
Make a big income goal manageable
Large financial goals stall because they're abstract. Know where you are, break your goal down to the value of a minute, and it becomes something you can act on every day.
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An example: from $150,000 to $250,000
Jordan is a product lead earning $150,000 who wants to reach $250,000. In Time Valuer, Jordan's goal is the current salary plus a 67% margin.
| Today$150,000 a year | $1.20 a minute |
| Goal$250,000 a year | $2.00 a minute |
| The gap to close | $0.80 a minute |
"Earn $100,000 more" is a wish. "Make every minute worth 80 cents more" is a decision you can make all day.
Turn the goal into daily rules
- Spend time on work above the goal rate. Projects, clients and skills that pay more than $2.00 a minute move the goal.
- Delegate work below it. A 45-minute errand costs $90 of goal time. A $12 delivery fee buys it back. Do it yourself or pay someone?
- Price purchases at the goal rate. A $1,200 laptop costs 9 hours 59 minutes of goal time, not 16 hours 38 minutes. Spending is measured against where you're going.
Know where you are, then track growth
Keep one profile for what you earn now and one for your goal. Compare them side by side as your income changes, and watch your value per minute rise. Outlook shows how many working days are left in the year to close the gap, so progress is always measured against time remaining. Outlook
Margin: set a goal from where you are
Margin adds a percentage on top of a base amount, like a markup. It's the fastest way to set a goal relative to what you earn now, and the same tool businesses use to price their work. Margin for business
Questions and answers
How does Time Valuer help me reach an income goal?
Add a margin to what you earn now to set a goal, and Time Valuer breaks it down to the minute. Going from $150,000 to $250,000 sounds huge; it's 80 cents more for every working minute, from $1.20 to $2.00. That gives you a simple test for every decision, and Outlook shows how much of the year is left to close the gap.
What is margin in Time Valuer?
Margin is the percentage you add on top of a base amount to set a goal or a price, like a markup. $150,000 with a 67% margin is about $250,000.
How do I track progress toward an income goal?
Keep a profile for your current income and one for your goal, compare them as your pay changes, and use Outlook to see how much of the year is left to close the gap.
Is Time Valuer financial advice?
No. Time Valuer is a tool that shows the numbers behind your time and goals, so you can make your own decisions.
Who is Time Valuer for?
High performers and professionals with income goals, freelancers and consultants pricing their work, business owners pricing projects and teams, and anyone who wants to manage their time better by seeing what it's worth.
Break your goal down to the minute on iPhone.