Money & WorkMental model

Convert prices into hours of your life, not euros.

This mental tool comes from the bestseller 'Your Money or Your Life': divide your net income by all the hours your job really consumes, including commuting and recovery. On €1,800 net and 200 hours, that's €9 an hour. A €90 pair of sneakers then costs ten hours of work. The question changes: is this worth ten hours of my life?

Useful: Converting to hours makes impulse buys measurably expensive without feeling like deprivation.

Source: en.wikipedia.org

Arbeit Denkwerkzeug Konsum

Difficulty:

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