I find pieces like this often leave out a very important piece of the equation: what you do with the time you gain. The value of your time isn't constant. You

I find pieces like this often leave out a very important piece of the equation: what you do with the time you gain. The value of your time isn't constant. You haven't gained much if you pay someone $20 to mow your lawn because you think the hour you would spend is worth $100, but then spend that time watching soaps on TV. Is an hour of soaps worth $80 for you? Is that relaxation you need in order to $80 more productive later? I've seen people justifying purchases and luxuries by saying, "My time is worth it." but then they waste the time on other busy-work and still don't think they have enough time in their day.