One way or another, time is always money.
Do you know how much your time is worth? Unless you work in an industry where you bill clients by the hour, the answer may be "no," especially if you don't know about the many hidden factors that contribute to your hourly rate.
However, it's important to attach a monetary value to your time, because it helps you focus on high value tasks and avoid activities that don't add much value.
In this article, we’ll look at why you should value your time, and we’ll give you a quick calculator that helps you do this.
There are several reasons why it helps to know how much your time is worth, whether you work for yourself or for an organization.
For instance, when you know the value of your time, it's easier to
"When I started using Mind Tools, I was not in a supervisory position. Now I am. Along with that came a 12% increase in salary." – Pat Degan, Houston, USA
This ensures that you don’t lose your plan.
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