Why and How Working Less Hours will Make you More Money in 2024!

Learn how cutting back on work hours can boost productivity, creativity, and income. Discover actionable steps to improve work-life balance and achieve greater financial success.

12/2/2024

Introduction

Feeling like you’re grinding away at work but not seeing the results you want? You’re not alone. What if I told you that working fewer hours could be the solution? It might sound counterintuitive, but many successful companies and individuals have found that working less actually increases productivity, creativity, and—yes—your earnings. In this blog, I’ll walk you through how working less can lead to more money, time and energy!

woman sitting on brown chair
woman sitting on brown chair

Several months ago, I made a big decision—I cut back on my work hours. At first, I was skeptical. Could I really make more money by working less? Especially when running my own business? But as soon as I implemented the change, I saw a boost in my productivity. Tasks that used to take hours were completed in half the time, and my focus was sharper than ever. I even had more time to spend with my family and hobbies. The best part? My income didn’t suffer—if anything, it went up because the quality of my work improved. It was a game-changer.

How Working Fewer Hours Actually Works:

Studies have shown that reducing work hours can improve your overall performance and well-being. According to research from Stanford, productivity per hour declines sharply once you exceed 50 hours a week, with almost no increase in output for hours worked beyond that. By limiting your hours, you’re naturally encouraged to prioritize what truly matters, streamline tasks, and focus on activities that yield the best results. When we consciously cut back on hours, we also reduce decision fatigue and stress. For example, someone who moves from a 60-hour to a 40-hour workweek often finds they have more energy, allowing them to work smarter and more creatively. Ultimately, this approach not only prevents burnout but promotes efficiency and sharper focus, resulting in improved output and a healthier work-life balance.

Watch video: "Why and How Working Less Hours will Make you More Money!"

a group of people that are standing in the grass
a group of people that are standing in the grass

3 Reasons Why You Should Work Fewer Hours:

  1. Increased Productivity:
    When you work fewer hours, you focus on the tasks that matter most. Limited time means you cut out unnecessary distractions and get more done in less time.
    Action Step: Review your current workload and identify which tasks have the highest value. Eliminate the ones that don’t add significant value, and set a strict work-end time to improve focus.

  2. Enhanced Creativity:
    More free time allows your brain to recharge. This break from work boosts creative thinking, leading to innovative ideas that can propel your career or business forward.
    Action Step: Schedule regular breaks during your day and ensure you’re taking time off to rest. Engage in activities that inspire creativity, like reading or spending time outdoors.

  3. Better Decision-Making:
    When you're not fatigued, your decision-making improves. Working long hours leads to mental exhaustion, clouded judgment, and poor decisions. Working less keeps your mind sharp, allowing you to make better choices that can lead to financial growth.
    Action Step: Pay attention to your energy levels throughout the day and avoid making important decisions when tired.

Related Video "Stress Less, Achieve More: Time Blocking Guide (4 Easy Steps)"

woman using her MacBook Pro inside white room
woman using her MacBook Pro inside white room

Benefits of Working Less:

Contrary to popular belief, reducing your hours can actually lead to improved productivity and personal fulfillment. Here are some compelling benefits to consider as you explore the balance between work and well-being:

  • Improved Work-Life Balance: Working fewer hours allows you to enjoy quality time with loved ones and engage in hobbies that rejuvenate you. Studies show that individuals with a healthy work-life balance experience higher satisfaction, lower stress levels, and improved productivity.

  • Better Health: With more free time, you can focus on essential habits like regular exercise, balanced nutrition, and sufficient sleep. Research indicates that healthier employees are less likely to take sick days and report higher energy levels, which contribute to long-term career success.

  • Focused Skill Development: By dedicating fewer hours to work, you create opportunities for self-improvement. This extra time can be spent learning new skills, obtaining certifications, or expanding your professional knowledge—investments that can lead to career advancement, personal fulfillment, and increased income over time.

Related Video "Time Management: How To Win The Day (And Your Future)"

people exercising
people exercising

Taking Action:

Now that you’ve learned the benefits of working fewer hours, it’s time to make a change. Whether you’re a business owner or an employee, this approach can transform your work-life balance and your financial success.

Unlock Your Potential with a Free 1-Hour Coaching Session

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Download Your Free SMART Goals Resources

You can download two powerful tools to kickstart your goal-setting journey. Scroll down on the home page to 'Discover Resources to Thrive' to access these free resources.

  • SMART Goals Resource Guide: Learn how to create Specific, Measurable, Achievable, Relevant, and Time-bound goals.

  • SMART Goals Tool Template: Apply what you’ve learned from the guide with this practical template to streamline your goal-setting process.

Related Videos:

  • Watch video: "Why and How Working Less Hours will Make you More Money!"

  • Related Video "Stress Less, Achieve More: Time Blocking Guide (4 Easy Steps)"

  • Related Video "Time Management: How To Win The Day (And Your Future)"

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50% off all of my Leadership and Talent development Resource guides. Discount Code: RG50%D: https://bit.ly/TheGrowthGateway

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  • Time Management Self-Assessment Toolkit: Core Principles of Success: The Time Management Self-Assessment Toolkit: Core Principles of Success helps you evaluate your current habits, identify improvement areas, and implement actionable strategies. Designed for professionals, entrepreneurs, and anyone striving to achieve peak productivity and balance in their lives.

    No Regrets, Just Lessons: Odetta Rockhead.

  • This inspirational memoir tells the extraordinary story of triumph over adversity, sharing life lessons on resilience, perseverance, and self-improvement. From unimaginable challenges to becoming a leader in a Fortune 500 company, Odetta’s journey is a masterclass in determination and purpose. Ready to be inspired? Get your copy here

Conclusion

Working fewer hours might seem like a bold choice, but the rewards are undeniable. By narrowing your focus to what truly matters, you’re setting yourself up to improve not only productivity but also creativity and, potentially, your earnings. Studies show that by limiting your hours, you encourage a better work-life balance and reduce burnout, allowing you to bring your best self to each task. When you prioritize and eliminate unnecessary tasks, you open the door to smarter, more efficient work—and a greater sense of accomplishment. Take control of your time, work smarter, not harder, and watch your potential unfold.

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aim high fly higher photo frame
aim high fly higher photo frame