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by ectoplasm
3850 days ago
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It's not 5/7ths, you're awake for 16 hours: 8 work, 8 leisure. This means on 5 out of 7 days, half of your leisure time is gone. So if you burn 4 commuting then you've given up 20 hours out of 40 + 2 * 16 on the weekends = 72, which is 28% vs. your 71%. Personally I would never do it, but like, different strokes. Also, define richly. Assume monthly savings of $2000/month on housing, call it $500 / week, that's $25 an hour. Plenty of people make less than that, so again it's just priorities. |
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I know. That's why I said:
"Don't give up half of 5/7ths of your leisure time..."
> Also, define richly.
For the purposes of that analysis, I can only define it for myself.
My "richly" is probably not going to be the same as someone else's "richly". What's more, as we age its definition is very much likely to change.
One thing's for certain: a "lost wage" analysis is probably going to grossly underestimate the value of the lost time for a lot of people.