Would pay $$ for Free Time?

[ICMoney]

Time is money - but how much is it worth?

Pretend a genie offered to extend your day to 30 hours.

What % of your hourly rate would you be willing to pay per hour for these extra 6 hours a day?

The hours can't be stored or sold to someone else.
You can perform all normal functions during the extra time.

Assume you are getting paid what you are worth now - not working some crappy job as you get your college degree.

You can work extra at your job but you will earn your normal wage, not overtime.

[guids]

why wouldn't you just work less?

[Klompy]

I don't see how anything over 100% could be chosen. F work, I choose the lowest number possible.

[maxtower]

If you answer 100%, you could.

[ICMoney]

[ QUOTE ]
why wouldn't you just work less?

[/ QUOTE ]
Say you make $100 per hour.

You need to work all 40 hours to pay for things.

Don't you think he would pay $10 for an extra hour of free time or to work another hour and be $90 ahead?

He would probably pay $20, 30,,,,etc.



How about someone like Bill Gates who doesn't need the money but would like to spend more time with his family?

Don't you think he would pay 500% or something to have more time?

[Yobz]

I work 8 hours a day and am taxed like 35%, so unless I get a second job I won't even be able to afford that time at anything more than like 60%, not including food and water and all that crap.
Does everyone else get this extra time as well, or is time 'frozen' or something like that for those 6 hours?

[ICMoney]

[ QUOTE ]
I work 8 hours a day and am taxed like 35%, so unless I get a second job I won't even be able to afford that time at anything more than like 60%, not including food and water and all that crap.
Does everyone else get this extra time as well, or is time 'frozen' or something like that for those 6 hours?

[/ QUOTE ]

You can perform all normal function - going to the store, playing poker, eating with your SO, etc.

[Klompy]

[ QUOTE ]
Don't you think he would pay 500% or something to have more time?

[/ QUOTE ]

No, they'd work less. Why would I work 5 extra hours for 1 more hour of free time?

[Mike Gallo]

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[xx44]

Are you thinking of starting a business that will take care of time consuming tasks for people?