iTalk #11 : The Shocking Truth: How Social Media is Stealing Your Time (and Money!)!

22/08/2024 1 min

Listen "iTalk #11 : The Shocking Truth: How Social Media is Stealing Your Time (and Money!)!"

Episode Synopsis

Have you heard that time is money, if yes then, have you ever thought about the value of your time?

I will help you understand this. Let's do a simple calculation.

Assuming you earn ₹50,000 per month and work 25 days, 8 hours a day, right !

your daily earnings are ₹2,000.

That means your per hour value is ₹250 ( 2,000 ÷ 8 hours), right !

Assuming, you are getting monthly salary or monthly income from your business Rs. 50,000/- and you are working for 25 days, 8 hrs daily, right.

Which means your per day value of your 8 hrs. time is Rs. 2,000/-, right ?

Now, since you are working for 8 hrs. or I would say, you are being paid for 8 working hrs., then your time's value per hour is 2000 ÷ 8 hrs. which is Rs. 250/-.

Now, imagine you are spending 3 hrs. on Netflix, or scrolling down any other social media for 3 hrs. it costs you Rs. 750/- for that 3 hrs.

Which means, it's not just 399/- monthly subscription, it's actually 750 x 30 = 22,500 Rs. Subscription.

Don't mistake me, I am not saying that fun is not important in life, However, being mindful of your time is crucial.

So, next time, you scroll down your social media app or subscribe to any streaming channel, be mindful about your time.

If time is money, then save it and spend it carefully !