Sunday, January 7, 2018

How much is your time really worth?



Last night I performed with Naadro for the second time. After the event I got deeply inspired by the behavior of Rakitha aiya. His ability to identify anyone's true intention with a glance, should've been so helpful in his career. I think he was born with that ability. Alrighty lets get into the topic.


To get started, you need two numbers:
  1. 1. The amount of time you spend to earn money.
  2. 2. The amount of money you earn during that time.
Finally, divide your total money earned (Step 2) by your total time spent (Step 1).
I prefer to use a 1 month chart!

  • If you make LKR 35,000/month, your time is worth LKR 47.94/hour.
  • If you make LKR 50,000/month, your time is worth LKR 68.49/hour.
  • If you make LKR 150,000/month, your time is worth LKR 205.47/hour.
This number will help you to take good decisions,

  1. Whether to take on additional part-time work and at what hourly rate.
  2. Whether taking a cab is worth the extra cost.
  3. How long you should wait in line for a free item.
  4. Whether you should try to scale down or scale up your hours at your current job.
  5. Whether you have inconsistencies in your thinking about the value of your time.
  6. Whether it's worth hiring a personal assistant, laundry service, or other help.
Stay productive! 💓

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