> Cost Re-framing (Work Hours Psychology): It immediately translates the item's price into a more tangible metric: This $80 gadget costs you 4 hours of your work. This technique, known as "opportunity cost visualization," makes the trade-off much more real.
I already do this automatically myself but this only makes me more likely to buy stuff I want. Because many things are so crazy cheap that the time you need to work for them is really not a lot.
Also, the example on the website says 2.1 weeks of work for $217 sneakers. Is the person on the example earning $400 per month or is the calculation different (for example only considering expendable income)?
I already do this automatically myself but this only makes me more likely to buy stuff I want. Because many things are so crazy cheap that the time you need to work for them is really not a lot.
Also, the example on the website says 2.1 weeks of work for $217 sneakers. Is the person on the example earning $400 per month or is the calculation different (for example only considering expendable income)?