Time vs Money

[Jostle]

There is a time <-> money exchange rate for everybody. It would be a different rate for you and for me, and it depends entirely on the circumstances that are applicable to you or me. The factors that affect the exchange rate are: your current age, your current wealth, the achievements you have made up to date, the particular situation you are in.

When I was in my 20s, the time <-> money exchange rate was very tilted in favor of the need for money. I would sacrifice a lot of my time to do part-time jobs, to scrimp and save a quarter of a dollar.  Decades later, now I am more in favor of time. I don't know how much time I have left. So I am willing to sacrifice more money to buy time. I am sure by the time I reach my 60s and 70s (if I am still alive), you bet that I would be a lot more willing to spend money to buy back the time. At that age, time is the most important commodity for me.

[As-Soon-As]

Sometimes when you are coming home from work or school, and you know that you can technically walk home instead of riding the bus or whatever commute you prefer do you also consider the time and convenience?

Look, it is the responsibility of a person to maintain his health, so you should not always consider everything in terms of money, because it is the responsibility of every person to work hard physically to maintain his health. But it is very important to spend some time for yourself.

Let’s say you save a few money when you walk home, but the time spent walking is it worth it? It’s a bit complicated because walking is healthy but when you get home you’re tired when you could be more productive for a few more minutes or hours. What do you choose to spend, time or money?

In this busy time of life, I do not save money but time, because time is very important which once gone can never be regained. So maintaining time is a very important chapter of life, and managing finances is important. So if you want to move properly in this current position, then you have to maintain both time and money.

[Hewlet]

There is a time <-> money exchange rate for everybody. It would be a different rate for you and for me, and it depends entirely on the circumstances that are applicable to you or me. The factors that affect the exchange rate are: your current age, your current wealth, the achievements you have made up to date, the particular situation you are in.

Technically, money gives us control of time and allow us to buy time instead of wasting it. for someone that is struggling financially, he will trade time just to save money and would rather walk down for 30+ minutes just so he can save small money. if same person has money, he will pay for a public transport, arrives home on time and use the 30 minutes for a more productive work. with more money, it becomes possible to get a private vehicle that gives him convenient in addition to saving time. 

Time is answerable to money and while a time that is lost is gone forever, the presence of money makes a lot of difference.

[GIF-JOBS]

Time and money are both important, but they are not the same. Money can be earned again, but once time is gone, you can never get it back. That is why we should learn how to use our time wisely while also working to make money. Don't waste your time and expect money to come easily. The goal is to use your time and money to build something that is going to be valuable.

Time must be used properly, the time we are wasting without thinking about anything is being spent by someone else with the aim of getting ahead of you, but you are behind. Those who are lazy and do not use time properly are always behind everyone, but yes, our time should not be spent only on earning money.

If people spend their entire time only on earning money, then they will not be able to enjoy their lives, money is certainly worth a lot, but time is worth more. But in this case, it is necessary to be realistic and it is very important to maintain a balance in both.

We have to earn money as well as enjoy our lives. You cannot earn money without enjoying your life, and you cannot spend all your time in idleness without earning money, because you have to manage your family and for this you must earn money, and at the same time you have a future, and to secure that future you must create your financial foundation  And that's why you have to use your time properly in all aspects, you also have to earn money, you also have to spend time with your family, and you also have to give time to yourself.

[Mr_Brilliant$]

There is a time <-> money exchange rate for everybody. It would be a different rate for you and for me, and it depends entirely on the circumstances that are applicable to you or me. The factors that affect the exchange rate are: your current age, your current wealth, the achievements you have made up to date, the particular situation you are in.

When I was in my 20s, the time <-> money exchange rate was very tilted in favor of the need for money. I would sacrifice a lot of my time to do part-time jobs, to scrimp and save a quarter of a dollar.  Decades later, now I am more in favor of time. I don't know how much time I have left. So I am willing to sacrifice more money to buy time. I am sure by the time I reach my 60s and 70s (if I am still alive), you bet that I would be a lot more willing to spend money to buy back the time. At that age, time is the most important commodity for me.

I would argue that age alone can't be just as a justification to to determine the exchange rate. Let's see it from this angle. Financial security. At a particular age, someone has acquired more money in that age bracket of others.

Example, a 25 years old can be financially free and another 25 years old is still finding his way. Same goes to any other age. So you saying a 25 years old is trying to get money to buy more time as an older age is understandable.

What if the 25 years old has acquired way more money in his lifetime, would you now equate him to someone who is still finding his foot at that same age? Obviously not. So not everyone is the same and have the same problem. We are all different and should be treated as that.

[Halifat]

There is a time <-> money exchange rate for everybody. It would be a different rate for you and for me, and it depends entirely on the circumstances that are applicable to you or me. The factors that affect the exchange rate are: your current age, your current wealth, the achievements you have made up to date, the particular situation you are in.

Technically, money gives us control of time and allow us to buy time instead of wasting it. for someone that is struggling financially, he will trade time just to save money and would rather walk down for 30+ minutes just so he can save small money. if same person has money, he will pay for a public transport, arrives home on time and use the 30 minutes for a more productive work. with more money, it becomes possible to get a private vehicle that gives him convenient in addition to saving time. 

Time is answerable to money and while a time that is lost is gone forever, the presence of money makes a lot of difference.

Yes the presence of money makes a lot of difference because just as you said clearly, another example which I will give to you is that in my own country our University usually go on strike, once they are on strike every activities in school will shut down, but the other universities which are running separately as private institutions will continue that session and finish it even though the ongoing strike still continue, that is how the same course, the same year, but private student finish before the government institution. In this regard we can point out that the only thing that made them to go on strike is because of money, if there's that money it will save them all the time they were wasted, and because of money is what make private university ahead of government institutions. Money can be use to save time.

[Jostle]

There is a time <-> money exchange rate for everybody. It would be a different rate for you and for me, and it depends entirely on the circumstances that are applicable to you or me. The factors that affect the exchange rate are: your current age, your current wealth, the achievements you have made up to date, the particular situation you are in.

When I was in my 20s, the time <-> money exchange rate was very tilted in favor of the need for money. I would sacrifice a lot of my time to do part-time jobs, to scrimp and save a quarter of a dollar.  Decades later, now I am more in favor of time. I don't know how much time I have left. So I am willing to sacrifice more money to buy time. I am sure by the time I reach my 60s and 70s (if I am still alive), you bet that I would be a lot more willing to spend money to buy back the time. At that age, time is the most important commodity for me.

I would argue that age alone can't be just as a justification to to determine the exchange rate. Let's see it from this angle. Financial security. At a particular age, someone has acquired more money in that age bracket of others.

Example, a 25 years old can be financially free and another 25 years old is still finding his way. Same goes to any other age. So you saying a 25 years old is trying to get money to buy more time as an older age is understandable.

What if the 25 years old has acquired way more money in his lifetime, would you now equate him to someone who is still finding his foot at that same age? Obviously not. So not everyone is the same and have the same problem. We are all different and should be treated as that.

you are right. But I also think I said that there are other factors including "your current wealth" and the "situation you are in".

[Smartvirus]

I think the choice between walking and taking a bus, is mainly depends on the situation. If I've available free time then i don't have any problem to walk cause thus i can save money as well as I'll get benefit from exercise.

Here is the thing, I’m just wondering how much might you save from jumping the bus?

There is always something about transportation you know, it’s not just about arriving but, arriving in time to meet up with your schedule and you arriving there safe! Some might even come with some comfort and you don’t get that much on the bus you know.

Money guarantees you some quality service, that’s what you get when you are driving in your own car, not only do you ride around with much comfort, choose the best routes to get you to your destination and you get there in time. It might be a little expensive on gas but, jumping the bus isn’t going to make you reach either.

At the very least, you get exposed to crime and disease jumping the bus, those are factors that can turn out to be expensive at the end of the day, pick pockets and all. There is always something.
Besides, time is money and you’ll be sure to make some when you save yourself a lot more time.

[lombok]

Yes the presence of money makes a lot of difference because just as you said clearly, another example which I will give to you is that in my own country our University usually go on strike, once they are on strike every activities in school will shut down, but the other universities which are running separately as private institutions will continue that session and finish it even though the ongoing strike still continue, that is how the same course, the same year, but private student finish before the government institution. In this regard we can point out that the only thing that made them to go on strike is because of money, if there's that money it will save them all the time they were wasted, and because of money is what make private university ahead of government institutions. Money can be use to save time.

Financial backing has played important role in ensuring that schedules of private universities run smoothly without disruption from any strike. Through independent financial sources, lecturers can function efficiently, thus ensuring that the graduation of students is timely.

Due to budgetary issues, public learning institutions face a situation whereby the semesters get delayed due to salary negotiations of the employees. The use of efficient private financial backing has helped in reducing the long wait time for graduating students.

[Casper7]

Sometimes when you are coming home from work or school, and you know that you can technically walk home instead of riding the bus or whatever commute you prefer do you also consider the time and convenience?

Let’s say you save a few money when you walk home, but the time spent walking is it worth it? It’s a bit complicated because walking is healthy but when you get home you’re tired when you could be more productive for a few more minutes or hours. What do you choose to spend, time or money?

These two things are inversely porportional in my veiw and very often we have to choose which to spend. I am baised in the sense that i'd prefer convience so i often lean to time over money. Time is the currency of value, and over the years i have come to realize that each second spent wasted is way more important that currency notes, so if faced with the option to buy saved time/convience i always exploit that option.

[Queen Julie]

Personally, l’d rather spend the money on transport and get home early. Yes, walking saves you money, but it also makes you tired and takes up time you could have used to do other things. So it’s better to get home early and have enough time and energy for other things.

I mean how much can you really save from walking home? It’s not like saving that little money will help you start up a business or something. So I’ll rather spend that money, get home early and focus on something more productive.

[Fabri-Cate]

Personally, l’d rather spend the money on transport and get home early. Yes, walking saves you money, but it also makes you tired and takes up time you could have used to do other things. So it’s better to get home early and have enough time and energy for other things.

I mean how much can you really save from walking home? It’s not like saving that little money will help you start up a business or something. So I’ll rather spend that money, get home early and focus on something more productive.

A student walks home with his friends after school to save money on transportation. This saves some money, but he could have used that time for studying, resting, or doing something else. However, when that student grows up, he will think that he returned home having fun with his friends. On the other hand, if someone wants to walk home after working in the office all day, it may take a long time to reach home. This will give him less opportunity to spend time with his family, his rest will be delayed, and his work the next day may be affected. He may even not get enough sleep.

Saving does not only mean reducing expenses but also using his money and time properly. However, if the distance is short or if he has enough time at hand, walking can also be a good habit, because health is wealth. Therefore, which one is better should be decided based on your own situation and needs.

[Soulistic]

Something I used to do a lot back in my university days. I had to take two buses to get to school. But on his way to work, my dad would head in the same direction and drop me off at a spot that was a one hour walk from school, and I would walk the rest of the way. To be honest, I chose it at first because it was very economical, but later on, those walks turned into a great habit. Even now, even though the second bus is free, I still prefer walking to places; where I live, bus wait times are so long that instead of spending that time waiting, I'd rather leave half an hour earlier and walk. I have a habit of listening to podcasts while walking, so this way I don't neglect my studies either.

[Cyber_warrior]

Let's look things from a different angle. When you are walking alone from school, I think it is best you take a bus home. Because walking alone is sometimes very tiring. But I believe after school you will have your friends around and you'll can have a conversation while walking home. You won't see it as stress, believe me, I have done it too many times. And at the end of the day, you have some money left for other things.

You are right, walking alone is boring but fast, just look at it this way, we only enjoy walking to school with friends when coming back and not going to school. When we are walking to school we are more focused on getting to school on time and if we can have a ride to school it will better. Walking to school something get you tired in school and you might end up even sleeping in class.

For me I think it best to walk back home from school, you get to have fun with friends, walk as much comfortable as you like. Well either way nothing beats having a ride to school and back home. It just the best.

[Iconic_J]

If i have enough money i would prefer to save time and energy because these are something you can’t get after it has been spent (your time and your energy).
Money can be gotten back, but if it is for the sake of exercise or leisure activities then one can possibly save his money, walking down few blocks won’t actually stop you from doing what you’re supposed to do when you get to your destination.

[Finebone]

Sometimes when you are coming home from work or school, and you know that you can technically walk home instead of riding the bus or whatever commute you prefer do you also consider the time and convenience?

It all depends on your schedule after work or school, and the distance you will walk, because if the distance is not treckable, walking down home is never an option, since you might spend your whole evening trecking, and it may already be dawn before you get home, but if you have something more important to do at a particular time, then you will do everything possible to get back home on time, so that you can be available for that activity you intend doing....

What do you choose to spend, time or money?

Personally I prefer spending time than money because time is a free gift from nature, but you see money?
 It doesn't comes easy. You have to work for it, and in some occasions, you may not even get it after working so hard for it, so it's, because of that I prefer spending time than money, but in reality, time is more valuable than money because once it has been lost, it cannot be recovered again, unlike money that can be recovered if it was lost.

[Halifat]

You are right, walking alone is boring but fast, just look at it this way, we only enjoy walking to school with friends when coming back and not going to school. When we are walking to school we are more focused on getting to school on time and if we can have a ride to school it will better. Walking to school something get you tired in school and you might end up even sleeping in class.

For me I think it best to walk back home from school, you get to have fun with friends, walk as much comfortable as you like. Well either way nothing beats having a ride to school and back home. It just the best.

What you are trying to explain here in something that I can testify because I am also a victim, working to school is very difficult because at that moment you are using your own energy to be working simply because you don't want to be late, even though you started early you will still be rushing to be in school on time and that alone is a big pressure for anyone that is in that position.

But coming back home is the most fantastic one because at that time you will work gently and also with friends, you will not be pressure and the comfort will be on you because no matter how many time your up, you will be so confident that if you reach house you will be able to rest and that is number fun I get when coming back home from school.

[Saltysugar99]

Personally, l’d rather spend the money on transport and get home early. Yes, walking saves you money, but it also makes you tired and takes up time you could have used to do other things. So it’s better to get home early and have enough time and energy for other things.

I mean how much can you really save from walking home? It’s not like saving that little money will help you start up a business or something. So I’ll rather spend that money, get home early and focus on something more productive.

You are right. If a person can get more time by spending some money then he should not miss such an opportunity. Because time is more valuable than money. The more time a person spends on skill development, the more money he can earn by becoming an expert in the future. The more successful people we see in this world they have taken time as the best opportunity and they have tried. And that is why they have become successful. So I think financial discipline is not limited to just earning money or saving it. Rather you should spend it properly, spend money at the right time which increases your skills and the possibility of stable earning in the future. So I also don't like wasting time to save a little money.

[free-bit.co.in]

Personally, l’d rather spend the money on transport and get home early. Yes, walking saves you money, but it also makes you tired and takes up time you could have used to do other things. So it’s better to get home early and have enough time and energy for other things.

I mean how much can you really save from walking home? It’s not like saving that little money will help you start up a business or something. So I’ll rather spend that money, get home early and focus on something more productive.

What you are saying only holds up if you have still got other work waiting for you, work that brings in real income compared to the fare. In that case, spending money to save time and energy is a reasonable choice.

But if you are just rushing home to play games or hang out with friends because you feel you need to unwind after a tiring day at work.  Well, that's simply a personal choice.

Walking saves you the fare and gets you some exercise at the same time. What you save per trip might be small. Over the long run it adds up to a nice chunk tho.

At the end of the day , which option makes more sense depends on the distance , your circumstances, what you need.