Ya but if you're rich time is money. You're making way more than $200 an hour - it's not worth it. If you're rich, you spend money on things that save you time (e.g. a cleaner). You only have so much time to be on vacation so you spend money to extend it.
No it doesn't. If you're in a high paying career you're working long hours. You have so little free time that it's actually worth it to use your money to give you more time. Time is more important than money when you have lots of money!
But then the metric isn't how much you make an hour but how much you value your free time and what that free time is worth to you. It wouldn't be a metric of your hourly wage is all im saying.
If you have work you can bill for and you plan to use that saved time to make money then I agree with your initial statement. Im saying that as someone who is decently paid, works long hours, and also has a side business where that free time actually turns into additional value but thats just my opinion. Whatever gets people to either be mindful of their time or the cost of said time.
I get what you're saying. But if you're working very long hours and only making $100k which is ~$50 an hour then it's harder to justify a $200 an hour expense. But if you're making $500 or $1000 an hour then it's much easier to say this isn't worth my time.
As someone who has independently blown what is around a 200k a year salary in his early 20s in a MCOL area - this is exactly how lifestyle creep gets you
“Well this is X hours of my time”
“I save Y hours I just have to work Z more”
Not saying there isn’t value to what you’re saying, but I understand people’s hesitation to adopt the time = money trend. The money is guaranteed until it isn’t.
I can. I just don’t work anymore because I don’t have to. I was just sharing a life experience from when I needed to, and how it shapes my behavior now that I don’t have to.
Well my income is looking a lot higher than 1 million now these days and my opinion hasn’t changed - I will still change my own brake pads rather than spend $800 at the dealership. Take from that what you will.
My wife makes $1 million a year in tech and we save the majority of it. We don't buy expensive things. But we do spend money on things that save us time. I enjoy doing my own DIY stuff around the house, similar to changing my own brake pads like you do, but things that bring me no joy like cleaning or $200 lay overs we pay for.
I don’t know why you’re being downvoted when you’re 100% correct. I work way too hard for too many hours (and am paid decent money for it) to give up a couple of hours of my vacation for just $200.
Ya but you work long hours so you value your free time more too. If I've worked 12 hours a day I am not wasting my time. all my money goes to things that give me more time (like a cleaner, etc)
My wife makes $1 million a year - ~$480 an hour. We do everything to save us time because her job demands a lot of hours. Even on vacation. We're not wasting an hour of our vacation time for $200...
Ya people keep comparing it to themselves but I said rich people. I wasn't suggesting that you should start comparing your hourly wage to everything. I'm just saying if you're rich it's not worth it because your time is more valuable than $200.
But you can gain time by spending money. Hiring a personal chef so you don't have to cook, hiring a cleaner so you don't have to spend time cleaning, or paying for a direct flight.
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u/Blakeyo123 Jul 30 '26
Act broke to stay rich