Expected Valued Methods are based on the value you expect a given hour of work to create in the long-run. This method can help you make strategic decisions about where to spend your time.
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Calculating the Value of Time: How Much is Your Time Really Worth?
lifehacker.com
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"Many people are in the dark when it comes to money, and I'm going to turn on the lights. " ~ Suze Orman
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Similar ideas to What Value You Can Expect
When mulling over multiple choices, the quality of any option cannot be assessed in isolation from its alternatives. The price you pay (or the sacrifice you make, or the benefits you give up) for doing what you’ve chosen to do instead of doing something else is the opportunity cost.
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