Treat Time As A Commodity - Deepstash
7 Books on Habits

Learn more about moneyandinvestments with this collection

How to break bad habits

How habits are formed

The importance of consistency

7 Books on Habits

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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.

219

1.17K 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...

190

1.2K 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...

207

1.27K 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...

227

1.17K reads

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 wh...

205

1.13K 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...

198

1.75K 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 ...

232

1.47K 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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Buy Time

Buy Time

• Having money can help you save time by outsourcing chores, for example, such as house cleaning to a service provider, so you don’t have to dust and mop yourself.

• With money, you can also purchase time-saving goods.

For example, if you love reading...

How Can We Apply These Principles?

How Can We Apply These Principles?

• First, be aware that these principles aren’t mutually exclusive: apply as many of them as possible for the maximum boost to your happiness.

For example, if you treat a friend to a delicious cappuccino, you’re both giving a gift and spending on an experience – a happiness double-whammy

...

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 wh...

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