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Time is moneyby@knut.svanholm
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Time is money

by Knut Svanholm3mApril 30th, 2018
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<span>W</span>hat’s the true value of time? Regardless of anyone’s opinion on how to value it properly, we can all agree that our time is worth <em>something. </em>Therefore, time <em>is</em> money. Literally. One can always be traded for the other, it’s just the ratio between them that differs. Everyone sells their time, either through a product that took them a certain time to produce, or as a service and services always take time. If you’re an employee on a steady payroll, you typically sell eight hours of your day per day. If you’re doing something you truly love to do, that eight hour day still belongs to you in a way, since you’re doing what you’d probably be doing anyway, had you’ve had the chance to do it for free. Money is also connected to time via inflation. Traditional currencies lose their value over time and therefore everyone using them have a constant incentive to spend their money. An equation describing the relationship between time and money would look somewhat like “time equals (how highly you regard your time) divided by money”.

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@knut.svanholm

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