Home / Personal Growth / All of you time isn’t worth money-the time is money argument.

All of you time isn’t worth money-the time is money argument.

Do you know the saying “time is money”? Or have you ever heard someone say ‘Well what about the value of your time?”. These are legitimate and powerful life principles, but for some reason, I only hear people bring them up when they want to mis-apply them or get out of doing something. More accurately, they want me to stop doing something, secure in their belief that they know better how to manage my time than I do. There is, no doubt, a proper application of this principle, but I have not yet had it brought up by someone who was legitimately trying to apply it. For example, when I bought my fixer upper house and began fixer-ing and upper-ing it, a well-meaning onlooker strolled by to caution me about how long this would take. As I politely dismissed their concerns, assuring them that I was both young and healthy enough for the task, they rolled out the ‘Well what about the value of your time?’ argument. I quickly recognized that I was now dealing with someone with a firm understanding of driving project principals coupled with a balanced insightful emotional IQ, and a well-planned out vision for their future, as well as mine. I quickly abandoned my task, asked them to allow me to study their ways, and begin my tuteladge under their mastery, later retreating to the house to watch re-runs of American Idol on the Lifetime channel……………

Just kidding. I went right on working while they went inside, presumably to watch the Lifetime channel(Yes I’m talking trash about the Lifetime channel), but I got to thinking more about this concept. Why is it that I only hear it brought up when someone is trying to sound sophisticated about avoiding work? After all, it’s not like any of the people that have ever approached me with this line of thought were going to be paid for anything other than their 9-5 job and inevitably, these were often people with money problems. So if they go home and work on a project, it’s not like they are forfeiting another higher paying option, and since they were out cautioning me about the impending peril of my lost time, I think it’s safe to say they weren’t going to spend meaningful time connecting with loved ones or seeking a higher truth. I believe this is called opportunity cost. I know that time with kids, family, and loved ones are indeed important and invaluable, which is why you should be working your ass off now to build a lifestyle that gives you as much free time to do what you choose and with who you choose later on, but for the great majority of people, this time has not yet arrived and possible never will.

From what I could tell, the ‘money versus time’ concept started to break down into two separate views; an argument for the monetary value of time, and a case for the emotional value of quality time, and every time I’d explore the idea with one of my time-centric friends, they’d switch between them. If it became obvious that there was no money to be gained by time, they’d just switch over to the emotional side of the argument and vice versa.
The more I examined the idea of time value, the more questions I started to come up with. What about the times of the day when there are just gaps in your schedule? 20 minutes before an appointment, 10 minutes before your next task, etc. Most people couldn’t be paid because it’s only 5, 10, 15, 20min or 45 min here and there. Most people can’t exactly jump in their car and get over to the office, do some work, and get back that quick. But you could do a task if you’re already home, you could use that time to organize your tasks in a way that doesn’t waste time, making that time more valuable than it would have been because now it produced something of value for your life. You can shift otherwise worthless moments in your day to free up more time in areas where it matters. Areas where you decide. After all things still need to get done and you’ll still have to do them. In 5 min you could take out the trash, Do some dishes, sweep, do some squats, cut a few boards(If you’re into that sort of thing), move building supplies around your back yard(Ok maybe that’s not your thing but you get the idea), water your garden, make a dent in clearing out some clutter, send an email, build a list of supplies, strategize the next week, look up the answer to a question that would improve your life.

With a few hours on the weekend you could take care of some car maintenance, run some errands, cook meals for the week, and still have plenty of time to play in your day. You get the idea. What about time when you’re stuck in the airport, car, bus, waiting for the plumber, or waiting for the babysitter? Are you starting to see how this starts to feel like self emposed circle? Every hour you spend working your 9-5 job is really spent to buy back or barter for things that cost money or time. Things that wouldn’t cost money if you did them yourself, magically making you need less money. Break the cycle-Stop trading your time during the week for money, and then pouring that money back into self inflicted expenses, ensuring that you’ll need to work more to pay off the debt.  You have enough time, you just need to capture it better. Think about it this way, for a large portion of people, this means that for the first 1- 2 weeks of the month, you are going to work, forfeiting your time, just to make enough money to pay for rent/mortgage.

All time in the day does not have the same value. Would you trade your highest energy hours of the day for the lunch coma, drowsy, hours? I wouldn’t even if there was no money involved. Why would I want to have the worst end of my energy curve sold back to me at a premium? Most people would get a much higher return in their life by simply taking action and being better at time management.
At the end of the day, I guess the thing that bugs me the most about the ‘time is money’ argument is not so much the poor application of the principal, the un-pragmatic mentality, or the blatant attempts to avoid work; it’s that someone is trying to tell me what to do with my time, under the guise of condescending constructive criticism. After all who knows better what value you put on your time, monetary or emotional, than you do?
The greater theme I’m trying to impart to you is-chase your goals, dreams, and ambitions and don’t be detoured by sedentary detractors and skewed logic. You can have anything in this life that you work and earn, and that will inevitably take more working than playing. At least in the beginning. Make sure you are on the right side of the equation so that ironically, one day you can sit back and not work so hard, owning a life that’s on cruise control later because of your efforts when you were younger.

 

Check Also

Here are my eighteen best days in 2016. What are some of yours?

Here are my eighteen best days in 2016. What are some of yours? This isn’t meant …

3 comments

  1. I hear ya.

    The only way outsourcing the things that need to be done in your life (that you can do perfectly well) is if you can actually make MORE money in the timeframe that you are performing the task.

    If someone says their time if worth $30 an hour and they can pay someone $15 to do yard work, on paper that is a $15/hr gain. But it is only actualized if they are making that $30 at the same time the yard work is being done. Unless performing the task reduces your happiness more than the dollar cost of the task, find a future time period to do the work and keep that $15 or whatever it is.

  2. Excellent article! I make things to sell and my husband is always hassling me about “getting paid for my time”. I always figured that the profit I made was what I got paid for my time. He doesn’t see it that way.

Leave a Reply

Your email address will not be published. Required fields are marked *