This ONE will help you know how much you're worth (Biggest epiphany ever!)

Earning a good salary is what everyone wants. What's the salary that you're happy with? Would earning £5,000 per month make you lay back and smile?

If you live in the north, say, Durham, the income would probably be enough to supply for your entire family. However, if you live in London, the chances that you'll be happy with this salary would probably be very low.

The interesting question is, how did you come up with this conclusion? It's because you compare the costs of living between the two cities. Cost of living has another term called "expense", which is another name for money, something that is taken away from your bank account or you need to pay every month.

So you might be happy with the month salary you receive because you're happy that your work competency is being reflected in the salary you receive. Or you're dissatisfied because you think that you are worth more than the amount you're getting paid. But what do you think that you're being paid for? Do you think you are paid for your competency, efficiency, experience, or maybe...

Your time?

Just do a spontaneous guess: do you think you're paid higher than the minimum hourly rate and by how much?

The answer is probably yes and way beyond.

But if I ask you to add up all the hours you're in the office and also the overtime, plus the time you need to reply to emails, calls, and messages after hours and on weekends, how many hours do you work per week?

Now that you've got the hours you work per week, please work out the answer for the below formula:

Gross monthly salary / hours worked per week * 4

What is the hourly rate that you've got? Compare this number to the one that you just guessed. Are you also surprised by how valuable your time is to your company?

When my husband boasted about how much his big salary raise was, I disagreed because I think the company was exploiting him because he needed to work so much more. We argued a little, and I simply asked him to calculate his hourly rate. I remembered how his jaw dropped. It took him a few seconds to utter the words, "Yeah, I think you're probably right. It's not that much."

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If you're starting your side business, which is property investment, ask yourself how much time (in terms of money) you're spending on different tasks. Are you spending too much time on follow-up, looking for deals, or arranging a simple viewing appointment? Your time is so valuable, and you should make the most out of it. Let someone, for example, a VA, who costs a fraction of your hourly rate do the tasks that cause you longer than the VA would need. Use your time wisely and you'll achieve so much more.

Use time wisely. Hire a VA now!