Do you know how much leisure time you really have during the week and how much it's worth? Knowing the value of your time can help you determine whether it's worth hiring some help for those household projects. Know the Value of Your Time Calculator examines how much time and money you spend on work-related activities every week. Find out what an hour of your leisure time is really worth, and determine whether you should consider buying a little more free time. You might find that paying someone else to do the chores makes perfect financial sense.
Results
Weekly leisure time
40.92
Hours you must work to buy one hour of leisure time
1.17
Average number of hours worked each week
48.08
After expenses, your net pay per hour is
$19.52
In a typical week, you have about 40.92 hours of leisure time. Each of those hours is purchased, in effect, with 1.17 hours of work time or $22.93. You work an average of 48.08 hours per week, for which you get paid a net $19.52 per hour after expenses.
This calculator assumes that you have enough discretionary income to buy more free time. For example, in deciding whether to paint your house yourself, you might figure that the job would take 200 hours of your weekend time, and each hour is worth $19.52. You could pay a painter up to $3,904.00 to do the job instead, in effect buying time from the painter. The maximum price is determined by what an hour of leisure time is really worth to you.
