Weigh the cost of something with time, not money
February 5, 2021•133 words
Reading time: 1 min
We should weigh the cost of a purchase with our time, not money.
We tend to trade our time to acquire money. As we are unable to acquire more time, is arguably a more limited and valuable resource than money. Given that for many of us, time is the source of our money, we should weigh the cost and worthiness of a purchase with the hours we have to spend to acquire that amount of money to make the purchase.
This practice can give you a better idea of how much you actually have to sacrifice to acquire the item and whether it is worth putting the time and effort into making the purchase. This can offers us a better perspective of how much something is valued to ourselves.