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It’s not as simple as taking your hourly wage (or the salary equivalent) and saying that that’s how much your time is worth. In terms of opportunity cost, sure, that’s true…
…but your actions outside of work will tell you how much you really believe your time is worth, at least at a subconscious level. That’s what this free time value calculator is all about.
It’s a simple series of seven questions. Each one presents you with a mundane time-value scenario (e.g. “How long would you wait in line for $100?”). At the end, it takes all of your answers and tells you what you think your time is actually worth.
Bear in mind that this quiz is only as accurate as your answers are honest. Even so, the end result is a mere approximation. You shouldn’t make any life decisions based on this quiz, but it’s nice to put a value on something that’s this abstract.
Maybe now you’ll stop procrastinating for good when you realize that you actually value your time at $30+ per hour!
How much is your free time worth? Does your job line up with it? What will you do differently now that you have this information? Tell us in the comments!
Image Credit: Time Is Money by Stmool via Shutterstock