But there was one problem: the bag was made by a company in the United Kingdom and it cost $45 to ship it to the United States. After much searching I found one that I liked and, at just $19, it was very affordable. The Value of Time: What is One Hour Worth?Ī few weeks before I began writing this article, I was shopping for a small travel bag.
Mytime rewards how to#
Understanding how to get the most out of your time starts with knowing-in exact terms-what your time is worth. This article explains how to figure out what your time is worth and use that information to spend your time more effectively.
But you can’t have everything at once, so you need to understand how to effectively manage the tradeoffs that you face on a day-to-day basis. If you’re like me, you probably want the things listed above (friendship, freedom, impact) and others too (health). Whether you want more wealth, more friendship, more freedom, or more impact, it all comes down to how you spend and value your time. People who spend their time working on high-impact projects contribute more to society. People who spend their time creating a flexible career enjoy more freedom. People who spend their time investing in others build better relationships. People who spend their time doing more profitable work make more money. Not all uses of time are equal, and this simple truth can make a big difference in life.
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