Buying Time - Deepstash
7 Books on Habits

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7 Books on Habits

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Buying Time

Buying time can increase our sense of control and, ultimately, our feelings of well-being. For example: hiring someone to clean the house for us, ordering takeout instead of cooking, or paying extra for a direct flight.

But we are less likely to benefit from buying time when we focus on its economic value (something we’re more likely to do if we have less money to spend).

204

1.12K reads

MORE IDEAS ON THIS

Money: Happiness Vs Misery

  • Happiness is a really difficult topic to study, because it’s subjective, unstable, and intangible.
  • Affluence has a certain impact on our well-being when it comes to satisfying our basic needs and standard of living, but in general, research...

189

1.19K reads

Treat Time As A Commodity

People who think of their time as a limited resource are more likely to derive joy from life’s simple pleasures (talking to a friend for example).

Also, if you’re spending money on a time-saving purchase, use those extra minutes to do something that lifts your mood...

218

1.17K reads

The Hedonic Treadmill

The things we buy might make us happy in the moment, but that feeling fades away over time. This phenomenon is called the “hedonic treadmill."

We get used to things that we have, and when new, more attractive things catch our eye, we feel like we need to keep getting more ...

231

1.46K reads

Time Famine

Time famine is something experienced by people across all income levels.

People who feel time-constrained are more stressed, less likely to spend time helping others, and less active. This is also one of the main reasons people give to explain why they’re not exercising regularly or eating...

206

1.26K reads

Invest In Experiences

  • Even this may not sound like a practical thing to do, an intangible experience can often bring you joy for longer than a physical object.
  • Experiences are short-lived, but not in a psychological sense. They live on in our memories, they live on in the stories we recall and tell - th...

226

1.17K reads

Money And Happiness

Money And Happiness

The debate about how material belongings can get in the way of our happiness dates back hundreds of years:

  • The Buddha talked about a balance between asceticism and pleasure.
  • Early Christian monasticism preached spiritual transformation through simple living.
  • Philoso...

197

1.74K reads

CURATED FROM

CURATED BY

lolaf

"You have to go broke three times to learn how to make a living." ~ Casey Stengel

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Buying Time

We all, rich or poor, have the same 24 hours in a day. But we can use our money to buy more time. For example, by eating out, you don't have to decide what to cook, shop for ingredients, cook, and clean it all up.

If you can carve out more time for yoursel...

5. Get off the couch and act.

Over-thinking is a rabbit hole. As humans, we have a tendency to spend too much time in up our own heads and paying attention to our own wayward thoughts, which, ultimately, just spins us around in circles. Action is the best circuit-breaker for this. When we take action on our ideas or goals, we...

Buy time

Buying time by outsourcing unpleasant or disliked tasks can benefit our well-being. 

Unfortunately, we're not great at valuing time over money. To change our spending habits, it helps to value time more than money. It could mean that we seek a job for its flexibility rather than the salary ...

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