3 ms·
Just as some have noted that "It's expensive to be poor", I would argue that in many cases it "It is time-expensive to be time-poor". When strapped for time, p
by dane-pgp 6y ago
Just as some have noted that "It's expensive to be poor", I would argue that in many cases it "It is time-expensive to be time-poor".
When strapped for time, people make rushed, short-term decisions which end up costing more time to fix later.
In fact, the two dynamics have some overlap, since poverty has been shown to reduce cognitive ability[0], and obviously having limited time can reduce the quality of one's analysis and decision-making.
[0] https://www.medicaldaily.com/poverty-lowers-iq-how-financial-strains-put-pressure-cognitive-logical-reasoning-255093 https://www.medicaldaily.com/poverty-lowers-iq-how-financial...