Europeans have more time, Americans more money. Which is better?

Re:Europeans have more time, Americans more money. Which is ... by internet2000 on Tuesday April 30, 2024 @06:34PM (#40217255)

You can use money to buy time. You can't convert time to money as easily.

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Re:Europeans have more time, Americans more money. Which is ... by nerpderp82 on Tuesday April 30, 2024 @06:48PM (#40217396)

Not if your spending all the time to make the money. Lots of folks can't go on vacation because their job will throw them under the bus when they are away.

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Re:Europeans have more time, Americans more money. Which is ... by ovulator on Tuesday April 30, 2024 @06:39PM (#40217308)

I can get money with my time via a job, how exactly do I get time with the money I now have.

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Re:Europeans have more time, Americans more money. Which is ... by UncleOxidant on Tuesday April 30, 2024 @06:57PM (#40217485)

You could look at money as condensed time - you've worked for the money and saved it up. At some point if you save enough you can stop working and live off that savings. And then you have time.

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Re:Europeans have more time, Americans more money. Which is ... by bdjsiqoocwk on Tuesday April 30, 2024 @07:55PM (#40217917)

Fallacy. With money you can avoid working. You cant buy time. Those are two very different things. You know who benefits from you being confused on that point? Your employer. "work hard and then you'll be able to buy time. Not now of course, now you're working hard. But later you'll buy time trust me bro"

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Re:Europeans have more time, Americans more money. Which is ... by Rinzler89 on Tuesday April 30, 2024 @06:44PM (#40217351)

>I can get money with my time via a job

Unless you can't easily find a job. Ever been unemployed?

>how exactly do I get time with the money I now have

By quitting it once you saved enough.

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Re:Europeans have more time, Americans more money. Which is ... by berkes on Wednesday May 08, 2024 @05:05AM (#40295832)

> By quitting it once you saved enough.

What is "enough" and how much guarantee is there that I'll reach that?

It's rather similar to what investing calls the DCF - but with time: time I have today is worth more than time I might have in future. For several reasons:

Time I have today is guaranteed. The future is unknown. But rather known, is that in the future I'll be older, my health and energy lower and therefore my options limited. The quality of "time" is potentially much higher when you are 20 than when you are 83. And then there's the risk that I don't even make it far beyond my 70ies.

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Re:Europeans have more time, Americans more money. Which is ... by diggernet on Tuesday April 30, 2024 @06:44PM (#40217358)

1. There's something you need to get done that'll take some chunk of your time.

2. Give someone money to do it for you.

3. You have more time.

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Re:Europeans have more time, Americans more money. Which is ... by pwinkeler on Tuesday April 30, 2024 @07:14PM (#40217619)

Said no one on their deathbed ever...

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