happiness dollars
Similarly, starting to pay to outsource our most-disliked tasks increases happiness by about 0.5 points on a 10-point happiness scale. By comparing these two numbers, I can assign a dollar value to the amount of happiness that this decision creates: about USD$10,000 of happiness for someone making $50,000 year.
The science behind time accounting is still evolving, but we can start to apply this approach as a way to make time value feel more real. One answer to the question is that the happiness benefits offset the financial costs, to a surprising extent. Outsourcing your most-disliked task each month is worth $18,000. That's a big boost. What's more, this happiness increase doesn't account for the multiplying effect of spending your newly freed-up time in happier ways.
We drive out of our way to save a few pennies per gallon on gas, and we comparison-shop between stores for items we might save only a few bucks on. This costs us about $3,300 per year.Our most egregious misuse of our time is how we treat vacation days. In my research, the average US employee took off nine vacation days per year. If Americans took eight more days off per year , it would result in a bump of $4,400 per year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TikTok employees describe life inside the company as its future hangs in the balance - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 'On Sunday, September 27, the US courts issued an injunction preventing the implementation of the Executive Order'
Source: BusinessInsider - 🏆 729. / 51 Read more »
Ocado briefly overtakes Tesco to become UK's most valuable retailer - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Rent the Runway CEO Jenn Hyman's fight to save her company in a pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Investing advice: Wealth management CEO shares tips, how to make money - Business InsiderPeter Mallouk built a $34 million RIA into a $50 billion giant. The wealth-management CEO pinpoints 3 opportunities his firm is implementing in client portfolios, and shares 2 tips on how to accumulate wealth.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why PepsiCo is choosing energy drinks over hard seltzer - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why US economy won't collapse despite Congress not passing COVID aid bill - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. RenMacLLC Hay Bullshit Insider glad I can call all all your bullshit out on Twitter. Bias crap 24/7
Source: BusinessInsider - 🏆 729. / 51 Read more »