Why should you keep track of how you spend your time?

I can predict fairly easily a person's economic destiny if I take a look at her timesheet.

However, recording the use of one's time does not come naturally to most people, unless you work as a consultant for a firm (e.g. lawyers, accountants, consultants, etc.).

Yet, keeping track of where one's time is going, is THE most important economic task in the new economy, where EVERYONE has to manage their own productivity.

The important is not to record exactly when you start working, since some people work better in the morning while others perform better in the evening. The important thing is to accurately report how long it takes you (in blocks of 15 minutes) to accomplish an important task.

To help you to strategize as to how and where to spend your time, I highly recommend the book by Richard Bach, titled The 80/20 Individual.