On The Money
Financial Advice for the Working Class
Time v Money
Anyone who says “time is money” really doesn’t recognize the value of time. Every day we have more money in the world, but we are very rapidly running out of time. Yes, time is short, and although you can sell your time, you can never buy more. While your money may multiply over time, your time only dwindles away.
In fact money seeks to enslave time. That’s the simple reason for an hourly wage. We don’t get paid by the calorie, or the idea, or by how efficiently we work. Working harder or faster won’t get you out of work any sooner, because they really want that one commodity that you can never replace. They want your time, and they want it all.
Every year, the cost of living rises, but hourly wages remain stagnant. People have to work more just to survive. Some work longer hours, some spend more time and money on education, so they can earn more per hour in the future, either way, it means more time spent for the same basic survival resources.
How ironic that in our modern world, full of labor saving technology, we spend more time working, just to survive, than any other culture in the history of the planet. That’s some achievement! How many “technological breakthroughs” until we achieve complete slavery? Not many I fear, in fact it might well be too late already.
Lets do the math:
If you multiply 7 days times 24 hrs you get 168 total hours in a week. Subtract 8 hrs of sleep a night, you get 112 waking hours a week. Now you need 3 hrs a day to prepare and eat meals, and an hour a day for personal hygiene. Everyone needs to do this basic stuff just to face the day. You might be able to cut that down a little, but not much without sacrificing your health. So, you are ready to take on the world about 84 hrs each week.
The average American worker currently works about 50 hrs each week. If you commute an hour to and from work each day, about average, add 10 more hours a week. Subtract 60 from 84 and you get 24 hrs each week, or about 3.4 hrs a day, for you to live the rest of your life.
Can you honestly call those 3.4 hrs a day, a life? Those hours mostly function as a buffer that allows you to respond more flexibly to the demands of your job. Those hours go out the window when the car breaks down and you have to deal with it, or you need new clothes for work, or have to see a doctor. Your employer won’t pay you for that time, they call that your “free time”. That’s the time you agree to give them for free, before they agree to hire you.
Even if you really had that 3.4 hours a day, you can barely maintain a home in that amount of time, let alone build one or raise a family. Honestly, you won’t have the energy left at the end of that grueling day to do much, but consume passive entertainment and self-medicate anyway. That sure sounds like slavery to me, no matter how well appointed the slave quarters.
By comparison, a Kalahari Bushman spends only about 5 hrs a day to secure his survival needs. This leaves him 11hrs a day of leisure time, and considerable energy with which to enjoy it. They love to tell stories, drum, dance and party. They are devoted parents who enjoy a lot of time with their families. They’ve lived this way for thousands of years, and they never get tired of it.
We high-tech Americans, on the other hand, work harder and longer for less, every year, and it only makes us more miserable. Where did we go wrong?