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Old 02-07-2010, 11:48 PM   #107 (permalink)
stonebreaker
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Quote:
Originally Posted by Christ View Post
This is digression from the point, which is that we don't associate time spent with monetary value as a rule.
Yes you do. You stated that you would rather be broke and spend time with your family, than have the extra money that would come with working more than 20 hours a week. Thus you value an hour spent with your family more than the hourly wage you earn at work, which means that you place a value on your time of AT LEAST X dollars an hour.

How much an hour would they have to pay you to get you to work 40 hours a week? I'm not being a smart ass, this is a valid question, because that rate is the monetary value you place on time spent away from your family - i.e., the shop rate for modding your car.
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