Monday, December 27, 2010

People who don't value time

So, day after boxing day.

What is with people? The population of a small city descend on a mall to capture specials that they could have got online or before Christmas or most days of the week without the pain, suffering, angst and general annoyance that comes with horde-shopping.

These are people who obviosuly don't value their own time.

So here is how it works.

Take your annual salary and divide by 1900. This is roughly how much your employer values an hour of your time.

Take the hours you wasted standing in line for that "Once in a lifetime deal" and multiply it by the value of an hour of your time. Subtract that from what you "saved" when you bought the item.

If the result is negative, you lost money on the deal.

Put another way, if you get paid $38,000 a year, your hour is worth $20. If you spent 6 hours chasing deals, you would need to have saved in excess of $120 to make it worth your while.

Don't even get me started on the environmental cost of how long your engine idled and how much gas you wasted or the health care costs of the days taken off your life from high blood pressure.

Meh.

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