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At some point though time doesnt really equal money. For many we can find a way to make money with that time. But if you are working a low income job that does
by Taylor_OD 6y ago
At some point though time doesnt really equal money. For many we can find a way to make money with that time. But if you are working a low income job that does not allow for overtime pay and you don't have skills you can use to generate income on the side... money is money and time is time.
- Terretta 6y agoThat’s the gist of my second to last paragraph. For this time value to be real, could you and would you be able to redeploy the time? This scenario was premised on having the skills to do your own repair work. To be clear, I’m acknowledging your position, but hold that it is, by and large, a trap to believe that time cannot be leveraged. For instance, can you fix someone else’s porch for more than you’d save by fixing your own? Probably. What works to low end income advantage here is that if you’re at the left end of the income bell curve, there are many more people to the right of you who can compensate you for your time to free up theirs, while those still lower than you can be leveraged to free up yours. Not saying it’s easy to find one’s ratchet, but odds are high a ratchet is there.