Time Valuer / Resources / Glossary / Forecasting
Forecasting
Estimating future results, such as income or time left, from what you know now.
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What it means
Good forecasts change behaviour. Knowing how many working hours remain this year, and what they must earn, turns a vague goal into a plan.
Forecasting time is easier than forecasting money: the hours left are already known.
Example
| Working hours left this year | about 410 in late October |
| Each at the $250,000 goal | $120.19 |
In Time Valuer
Outlook in Time Valuer forecasts the working time and money left today, this week, this month and this year.
Related terms
Questions and answers
What is forecasting?
Estimating future results, such as income or time left, from what you know now.
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