So the author spent maybe 12 hours figuring this out? Is his or her time worth more than 20 or so bucks per hour?
So the author spent maybe 12 hours figuring this out? Is his or her time worth more than 20 or so bucks per hour?
I could get a second job, but that would pay less per hour, would start at a higher (fixed) number of hours, and bring a lot of responsibilities. Plus, it would cut into my precious free time.
Only for hyper-demanded successful freelancers time is completely fungable and arbitrarily tradeable into dollars. The rest of us can't monetarize their free time so easily. And I think a $250 saving for a day's work is pretty good for regular people. Besides, I think there was a bit of hyperbole in the "10 hours"...
I constantly see people misinterpret "opportunity cost" in a situation like this, and you cleared it up nicely.