CategoriesFinancialObserveTime

Save Time Or The Environment

When you have a hole in your clothes or a button pops off, do you mend it, have it mended, recycle it or bin it? Do you save time or the environment?

We have a skateboard which has stiff wheels. Maybe the ball bearings need replacing. Or maybe it is the wheels. More lubricant does not seem to do the trick. The options are to get rid of the skateboard and buy a new one for £30, or keep it and try to fix it.

If we keep it and fix it, we need to spend time on finding and ordering new parts. Then we need to go collect the parts or have them delivered. Once we have them, we need to get tools out and spend time replacing the parts. Hopefully that solves the problem.

The parts might cost £10 and then there is delivery or pick up costs, such as petrol. Then it depends on what you consider your time is worth. You may see it as a monetary value per hour or simply the value of having an hour of time to yourself in a busy week. Either way, there is a cost to you.

So whether it is mending a shirt or a skateboard, we all make these assessments about our time, money and the environment.

Do you save time or the environment?

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