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In this episode of "A Life Well Lived: A Physician's Guide to Wealth," James Nutter emphasizes the importance of time and how it is the most valuable resource we have. He shares an exercise he does every year to audit his time and evaluate how he spent it. 

By categorizing things to leave behind, people to leave behind, things to bring forward, and the best moments and people of the previous year, he is able to prioritize joy and fulfillment in his life. Nutter encourages listeners to schedule time to do this exercise and experience the rewards of intentional time management.

• Time is the most valuable asset we have, and unlike money, it cannot be replenished once it's gone.

• An annual time audit can significantly enhance awareness of how time is spent and assist in making intentional decisions for future joy and productivity.

• Categorizing experiences into areas to continue or discontinue can lead to progressively more fulfilling years.

• The exercise includes a review of photos, calendars, and even financial statements to evaluate past activities and expenditures.

• Scheduling time and space to conduct such an audit is essential for gaining the most from the exercise.

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