The Money Value of Time
Why saving time can be as valuable as saving money
I realized his hourly rate did not begin to indicate the economic value of his service to us. His one hour of work would have taken me a few days, possibly even more time than we had allotted. Whether I had initially thought his fee for one hour was worth it was beside the point, because he not only saved me another day and a half of frustrating effort, but he also bought me a day and a half when we could simply visit with our daughter and enjoy her company.