5. - Deepstash
5.

5.

When you spend money think "Is this worth x amount of time that I spent at work?"

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tomjoad

Introverted Extravert

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Track Your Time

Measure the total amount of time you invest each year to earn money. It includes the time you spend to commute to and from work, and time spent working on a side hustle or dropping your kids at daycare.

If you're unsure how much time you spend working, use 2,500 hours per year as a starting...

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Allow yourself a certain amount of money each week and spend only that amount. 

Unless you’re constantly checking your finances, it's hard to keep track of what you spent when you pay with your credit or debit cards.

The Value of Your Time

Divide your total money earned by your total time spent.

For example, let’s say you spend 2,500 hours per year earning money:

  • If you make $46,226/year, your time is worth $18.49/hour. This is the 2014 median income for women in the United States.
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