Your Money or Your Life ???

I'm always very interest in figure, especially related to fiancial management. Since I'm so free currently (hopefully won't be too long), I've been talking to financial advisors and reading books related to personal financial management... << Your Money or Your Life >> (NLB: English 332.02401/ Chinese 332.02401), a book which will make you realise the important of time, how much does the time worth in ur life time. Have you ever calculated what is your hourly paid? Every single dollars you spent will take how many hours of your life earn that amount?

This is the simple calculation...
Monthly Wages (assuming no other sources of income)

[Minus] Work Related Expenses (e.g clothes, transportation, food,entertainment, destress clubbing)

[Divide By] Total hrs u spend on works + work related activities

= Your Hourly Pay

The ideal ofthe book is not encouraging you not to work but to emphasize the hours spent in your life for every spending and ultimately control your uncessary spending. For examply, based on above calculation your hourly pay is $10, for buying an $200 luxury electronic, it takes you 20 hrs of your life in exchange. This is very subjective, right or wrong? You've to justify by yourself...

The logic are simple yet are generally neglected...

The ultimately aim is help the reader to understand the important on control your desire. Human being are tend to ask for more if there are choices, and always out of their limitation unknowingly...