Do the Math

The amount of money you’ll need to complete your project depends on a few factors. The most important thing is time. Every hour you’re devoting to a project will probably require an equal amount of cash, so don’t take that lightly! 

But it’s not just about how much time you spend, but also how many hours per day (and per week and per month) you can devote to the task. It may be worth scaling back some of your other work if necessary; other things are often more replaceable than time spent working toward a goal that matters deeply to you. 


Finally, make sure you account for expenses related to your project. If you can’t live without cable TV or coffee from Starbucks every morning, include those costs in your budget. That way, when you factor in everything, there’s no margin for error. You know exactly how much money it takes to get everything done as quickly as possible.

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