LYH89: How to Master Your Margin

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Show Agenda

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Faith in Focus: Job One

Haggai 1:7-9

“Thus says the Lord of hosts: Consider your ways. Go up to the hills and bring wood and build the house, that I may take pleasure in it and that I may be glorified, says theLord. You looked for much, and behold, it came to little. And when you brought it home,I blew it away. Why? declares the Lord of hosts. Because of my house that lies in ruins, while each of you busies himself with his own house. “

Featured Presentation: How to Master Your Margin

Merriam-Webster’s dictionary describes margin as “an extra amount of something (such as time or space) that can be used if it is needed.”

1. Time Margin

  • After accounting for the time commitments of your day and essential life responsibilities, there is some time left—hopefully. The amount of remaining time is your time margin.

2. Psychological Margin

  • Psychological margin refers to the mental and emotional acuity that one still has after dealing with the personal, vocational, relational obligations, and stressors of the day.

 

3. Physiological Margin

  • Our physical bodies have limitations. While those limitations vary from person to person, we all have boundaries beyond which we cannot push ourselves.

4. Financial Margin

  • Your expenses minus your liabilities (what you owe others) is your financial margin.

Here are five process improvement tips that you can start putting into practice this week, which will help you to develop margin mastery over the long haul.

  • Tip #1: Awaken thirty minutes earlier each day this week and commit that cumulative 3.5 hours to your building process.
  • Tip #2: Randomly tell three people who are important to you why you appreciate them.
  • Tip #3: Eliminate one thing from your diet this week that you know is bad for your health.
  • Tip #4: Allocate 1% of your income this week to a personal development course.
  • Tip #5: Identify an accountability partner to ensure that you complete these five tips.
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Categories: Finances, Leadership, Podcast
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