How to Create a Time Budget

Time Budget


I mentioned in my post from last week the importance of keeping a time budget.

This post will break down why time budgets are important and how to do that.

The essence of a time budget is deciding what’s important to you. We only have 168 hour in a week, 24 hours in a day. And once time is gone, it’s gone. So how will you choose to spend it?

The more successful you are, the more people want to be around you … and want things from you. If you’re being asked to speak or consult, people want your ideas, your time.

But it’s also important to make time for certain things you enjoy. Because doing things within your outside interests will make you better at what you do too. We just can’t let those things get out of control.

So, how do you decide how much time you want to allot for different priorities? You have to start by defining your priorities. Different categories can include:


  • Family/Friends
  • Personal growth
  • Work
  • Church/Volunteering
  • Fun activities


Once you’ve decided your overarching priorities, it’s time to break those things down by day or week. A personal development blogger suggests breaking these priorities down into daily, weekly, monthly, and yearly tasks.

To help you with the math — which can be the most intimidating part of this whole thing — I created a Time Budget Template for you to fill out for your personal use.

I hope this resource puts your day, month, week into perspective as you learn how to  manage your time wisely! If you’re not ready to take your life to a spreadsheet, here are some recommendations for time tracking apps/tools that might be a great place to start.

Here’s how to save the Time Budget Template:


1. Go to the Time Budget Template


2. Click “File”


3. Select “Make a copy”


4. Rename the document to whatever you’d like (i.e. My Time Budget)


5. Edit the file to fit your needs


Note: You’ll need to sign in to a Gmail account in order to save the document. If you’d like a desktop version, select “File,” click “Download as” and save the document as an excel file.




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