Look in your storage room and/or closets.
How many things did you buy that you almost never or never use?
How much did you pay for them?
Did you use a credit card?
If you used a credit card and didn't pay it off at the end of the month, how much interest did you pay on top of the purchase price?
If the item was on sale did the interest charge make the item cost more than the original price?
Now look at your hourly salary even if you aren't paid hourly. How many of your life's hours did you sell to your employer to pay for that item you don't use, probably don't even want?
How many of your life's hours will you sell to pay for your car? Don't forget the interest.
Is this how you really want to spend your life working for things you never use, want or have overspent?
Think of just two samples of the many things people buy:
Cost of Sofa: $600
- You earn $20/hour -- work 30/hours
- You earn $30/hour --work 20 hours
- You earn $40/hour -- 15 hours
Cost of New Car Average $39,000
- You earn $20/hour you work 1975 hours or 80+ days
- You earn $30/hour you work 1300 hours or 54+ days
- You earn $40 hour you work 975 hours or 40+ days
Cost of new sneakers/trainers/baskets $100 or more
- You earn $20/hour you work 5 hours
- You earn $30/hour you work 3.3 hours
- You earn $40 hour you 2.5 work hours
I have not added in benefits to wages. Nor have I figured that most salaried workers put in much longer hours than 40 for no overtime. I haven't considered the idea of developing careers, which could be another entire blog of wanting a meaningful job against an employer whose interest may only be shareholder returns. There are jobs we love doing. And there are jobs that we start dreading Monday morning Thursday afternoon. All those things could be a book in itself.
Unless we have inherited fortunes where we don't have to work to eat and live, we must work. We sell our time, our skills to an employer. We are the employer's purchase, a commodity.
As commodities we have only one life to live. Use them wisely.
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