Time vs. Money: What Is Your Time Worth?

This is one of the most powerful questions I have ever asked myself, and I think it is going to help you as well. The core of this idea this simple question:

What is your time worth?

In life there are two primary resources: time and money. Let’s look at a simple task that most people in the world have to do, like cleaning your apartment or house.

How much Time does it take you to dust/vacuum/clean? Now, how much would it cost for you to pay someone to do all of that work for you?

Essentially this comes down to a simple equation: You can either spend time saving money, or spend money to save time. You either pay a maid to clean your apartment, spending money but freeing up the time for other things. Or, you clean it yourself, which costs you time, but saves you money.

Fairly balanced, right?

Almost. Here’s the catch. You can always make more money, but you can never make more time. In the future of your life there will always be more opportunities to make more money; getting a promotion, picking up a second job, going back to study to earn more in the long term, freelancing on the side, blogging on steemit, and so on.

But unless someone invents a time machine, you can never go back in time and regain the time that you’ve lost!!!