Time and money management are the two skills that can make or break your enterprise or business venture, not to mention having the potential to transform your life and future.

Even if you’ve been struggling to manage your time and get things done, you’ll benefit from some simple but effective changes in the way you plan and schedule your day. Here’s a very powerful time management technique.

Develop your own sense of urgency.

Don’t let your important work stay on the back-burner with the excuse, “I’ll just have to do it tomorrow.”

That’s probably what you say to yourself at the end of a busy, overcrowded and stressful day, when you notice something left undone on your to do list. Maybe that’s what you’ve been accustomed to doing. But change it today. Create a sense of urgency about things on your schedule.

As you gain management wisdom, you’ll realize that by putting it off until tomorrow, you’ll only end up crowding up your calendar for tomorrow – and putting off something important on that next list. It becomes a never-ending cycle of procrastination.

So unless circumstances absolutely prevent completing the task, you should try and do most of your scheduled tasks on time. And by setting time limits to get them done, you’ll create your own sense of urgency – even about mundane tasks that need to be finished.

Many time and money management courses and programs advice you to treat it like a little game. Bet yourself that you’ll do it in less time than you thought it would take. When you win, it feels good. More important, the task gets done!

Another important concept in time and money management is being able to take responsibility for wasting time (your own and others).

On discussion forums and social networks, there are some folks who complain about how the interactions suck up all their time, preventing them from completing any serious work. That never ceases to amaze me. These folks are probably completely ignorant of principles of time and money management.

After all, nobody forces you (or anyone else) to visit forums or Facebook, much less waste your precious time on them! You are the person making this choice.

Unless you own up to being responsible for your own time, you’ll never get around that serious hurdle to time wasting – blaming others for your poor time management.

If a meeting drags on longer than scheduled, it is your fault for staying in it. If you waste time on pointless discussions via email exchanges, you are to blame for keeping it going. If a co-worker drops by uninvited during your peak productivity hours – and chats away merrily, disturbing your concentration and keeping you from working – it’s still YOUR problem… because you put up with it.

By owning up to your own role in time and money management, you will be motivated to take better control of your schedule and avoid time wasting circumstances (or terminate them effectively). You’ll get many more useful tips to handle such situations effortlessly when you sign up for our free email newsletter, the “Time Taozine“.

For punchy, powerful time and money management advice, you may also find the Ming Vase Time Management series of ebooklets of some value. And by adopting the Tao style of managing time, you’ll transform your level of effectiveness when you learn how to

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Why Time And Money Management Are Critical To Your Success