Time is one of the most important resources that we have. Time is the measure of duration of an event, or the gap or duration between two events. Time is the fourth dimension after 3-d space dimensions.
One very important characteristic of time is that none of us, even the richest person, can buy time or can stop the flow of time. The time always moves forward at the same pace, no matter what we do. Most of the real life processes in the world that depend on time. A job requires a finite time to get done. A boy or a girl needs some years of time to grow.
Another important characteristic about the Time is we cannot get back the time we have lost already. We cannot rewind the time.
There is a saying that a stitch in time saves .... In Indian languages there is a saying that, if we delay then even the amrut (divine potion) becomes a poison. So if we do not do some thing at the time that it is supposed to be done, then we cannot probably do that afterwards.
Each person whether a child, a boy, a girl or an adult, has to do his/her duties in order to fulfil one's responsibilities or expectations from them. Hence, it is most important for us to utilize our time carefully and profitably with wisdom, to do what we are supposed to do, at each moment of our life.
There are many ways of managing one's time. One should identify one's jobs and duties. One should prioritize and estimate the durations needed. One should than make a time table for each day to each month of the year. Then mark the calendar. So each day we follow our calendar to efficiently execute our scheduled activities.