What do you value more: time or money?

By Lindsey Hobbs, Communications Intern

iStock_000013884892XSmallThey say that money doesn’t buy happiness. But, then again time is money, so which is really more valuable?

If you think about it logically, the money you make from work buys you vacations and items that you enjoy during your weekends and days off. However, you wouldn’t get to enjoy those things without the time away.

TIME magazine published an article that cites a new study by the Association for Psychological Science, which says time is clearly more valuable than money. However, Forbes magazine has an article that explains how consumers are more likely to feel attached to a product if advertisers focus on the price associated with the product instead of the time spent using it.

Clearly, the answer to this question depends on the person, but I think everyone can agree it’s most healthy to achieve a balance in one’s life between investing in time to recharge and making money.

In an era of ever-present online communication, people are in a way connected to work 24/7 with emails on their smartphones and instant messaging, so they’re working around the clock even if they think they’re engaging in and enjoying “free time.”

Sure, staying plugged in at all times may increase your productivity, but it’s also exhausting and can cause a person to miss out on some of the little, and sometimes most important, experiences in life.

Take some time to unplug. Turn off your phone for a few hours while you go to a movie or out to a restaurant. Seriously, turn it off. You can do it … There. Now isn’t that liberating? (Or completely nerve-wrecking. Don’t worry, that feeling will pass.)

And in a broader sense, take time for relationship building during work as well. Especially for small business owners, networking and building relationships with clients is just as important as churning out a product, because if your client isn’t happy they won’t return for future business or recommended you to others.

This may seem like common sense, but you’d be surprised at how many people need to be reminded. It’s all too easy to get swept up in the rush of everyday life.

After all, your phone just alerted you to five new tweets from Twitter and your sister just posted Facebook pictures from her vacation and the client you’ve been playing phone tag with all week finally responded to your email at 10:30 at night because he’s in China and it’s 10:30 in the morning there.

Yes, those things are all important. But so is your sanity. Work hard to buy that Jacuzzi. But then remember to take the time to actually use it.

What do you value more and why?

We want to hear what you value more, time, money or something else, and why. Leave your comments below.


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