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> They actually have enough money to pay for goods and services that save them time. I think you are missing the point. There isn't a magical device the upper

> They actually have enough money to pay for goods and services that save them time. I think you are missing the point. There isn't a magical device the upper classes buy that saves then time (maybe this is the case for poorer people, e.g. having a washing machine is quicker than washing clothes by hand), but once you earn so much, get comfortable and achieve your own level of success, you start to value things other than money. I assume the $75k refers to somewhere where you can afford the mortgage on a nice house, a car or two, eating out a few times a week, and saving for your children's college fund, etc (i.e. all the material things society says we need). Once you are able to afford all that maybe you start to value the time you spend with your children, so spending an extra hour communiting to get $10k more isn't worth it.

lfowles 11y ago
An additional point is that more money allows you to take more risk. At some income, when you buy a commuting car, you'll want something that can get you to work. You don't need to worry as much about how dependable the manufacturer/model is, because you have the resources to take it to a mechanic as soon as problems appear. You could just buy it with the help of regular advertising (mpg, features, etc) instead of doing further research into common issues with $MODEL (whether not doing this is responsible or not... that's another issue). Whereas someone with a much lower income might be scouring craigslist and forums for hours each night trying to find a beater to replace their car that's experiencing death by a thousand cuts.
manachar 11y ago
It's not about being a device per se that provides most of the time saving. There are some devices sure, but the biggest time savings come from services. As you increase your income you can buy services such as landscaping, housekeeping, painters, etc. With goods, the biggest time savings can come from not having to shop around for the best value. It's not uncommon to have to shop between multiple grocery stores to get the most for your dollar.

lfowles 11y ago

An additional point is that more money allows you to take more risk. At some income, when you buy a commuting car, you'll want something that can get you to work. You don't need to worry as much about how dependable the manufacturer/model is, because you have the resources to take it to a mechanic as soon as problems appear. You could just buy it with the help of regular advertising (mpg, features, etc) instead of doing further research into common issues with $MODEL (whether not doing this is responsible or not... that's another issue). Whereas someone with a much lower income might be scouring craigslist and forums for hours each night trying to find a beater to replace their car that's experiencing death by a thousand cuts.

manachar 11y ago

It's not about being a device per se that provides most of the time saving. There are some devices sure, but the biggest time savings come from services. As you increase your income you can buy services such as landscaping, housekeeping, painters, etc. With goods, the biggest time savings can come from not having to shop around for the best value. It's not uncommon to have to shop between multiple grocery stores to get the most for your dollar.