marriedwoman
New member
The theory goes - if you earn £/$20 per hour (after tax), you should pay someone to do a job that costs less than £20 p/h.
This makes sense if you own a business or work in a commission-based role. What if you earn a fixed salary? If I pay a cleaner on a Saturday, you could argue that even though it costs less than my per hour wage, I can’t earn anymore than my fixed salary and don’t work on the weekends anyway?
Anyone have any thoughts on valuing your time when working in a job with a fixed salary?
FYI - I know lots of other stuff will go into these types (willingness to do the task, sense of achievement, monthly budget after expenses etc.).
This makes sense if you own a business or work in a commission-based role. What if you earn a fixed salary? If I pay a cleaner on a Saturday, you could argue that even though it costs less than my per hour wage, I can’t earn anymore than my fixed salary and don’t work on the weekends anyway?
Anyone have any thoughts on valuing your time when working in a job with a fixed salary?
FYI - I know lots of other stuff will go into these types (willingness to do the task, sense of achievement, monthly budget after expenses etc.).