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Investing your time better with Nir Eyal

What would you be like if your superpower was being indistractable?

Today’s episode is a little different to our normal money and investing content, but in our opinion just as important. Our podcast is all about helping our community invest their time and money, better. 

During this conversation we explore ways we can take back control of our time, schedules and life, and spend it in meaningful ways. To do this, we’ve got best-selling author of Hooked and Indistractable Nir Eyal on the show, who is an expert in this area.

Plus, we discuss the root cause of distractions, why you’re putting off doing less pleasant tasks like taxes and how we can better protect our time. 

This is an important episode for listeners at any stage in their journey, because it’s all about maximising your choices in life and spending more time on the things that bring you joy (because money can’t buy time).

I’d encourage you to tune into this episode today through your favourite podcast player.

Do you value time or money more?

In Nir’s opinion, time is much more important than money. 

Why?

Because you can always get more money but you can never get more time.

It’s not about being ‘productive’ every minute of the day, but living life with more intention than we typically do.

Why do we keep getting distracted?

Distractions stop you from achieving your goals, and essentially are any actions that move you away from the things that you want.

We love to blame technology, junk food, TV and other people for our lack of focus, but they’re purely a proxy expression of distraction, and not the root cause.

It’s not the pings and dings from our devices, in fact 90% of our distractions come from within. An internal feeling of discomfort that we don’t know how to deal with. And if we don’t spend time really getting to understand the root causes of our distraction, we will continue to find ways to distract ourselves.

Distractions will always exist, managing them is our responsibility.

Do you feel guilty for watching Netflix?

An important point Nir shares is that the time you plan to waste is not wasted time. It’s perfectly okay to spend time watching TV in the evenings, but it all comes down to doing it with intention. 

If you put time aside in your calendar to watch TV, then suddenly you’ll be doing exactly what you planned and not simply mindlessly scrolling.

Keen to start investing your time better?

Apart from listening to the podcast I mentioned earlier, here’s some other great resources if you’re ready to invest your time better this year.

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

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Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

At the time of publishing, the author of this article does not have a financial or commercial interest in any of the companies mentioned.
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