Dilbert has a good handle on how to maximize free time, in terms of work life balance. If you want to try and work like Dilbert, you can do so with VIA3 from http://www.viack.com/. This tool makes you so productive, that it will save you hours a day. It also lets you avoid the commute, by conducting meetings, presentations, training, and collaboration from home.
So download VIA3 today, and change into that ugly bathrobe you threw in the back of your closet years ago. Bunny slippers are optional.