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buzzy64
buzzy64 - A different perspective - not for everyone
A different perspective - not for everyone
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Posted: 2022-03-31 14:26:04

For those out there whom are open to new ideas and growth consider this viewpoint.

Find out what you are worth per hour of work.

1)Convert anything you wish to purchase to rand value and then see how many hours you need to work to be able to buy that product or service.

Lets take a few simple hypothetical examples with some givens:
a monthly salary of R35000 and
approx 20 working days per month
8h of work per day

Wants a pair of shoes R1200
R35000/20 days = R1750 per day
8h of work per day so R218.75 worth per hour approx
Therefore to afford said pair of shoes R1200 / R218,75= 5,5h of work approx.


Wants to see an advertiser R900
R35000/20 days = R1750 per day
8h of work per day so R218.75 worth per hour approx
Therefore to afford said advertiser R900 / R218,75= 4,1h of work approx for 1hour for example


When the money value of the effort you make is greater than the money value of what you want, you end up ahead.

When the money value of the effort you make is less than the money value of what you want, you end up in debt basically.

Is it worth it to you? If not find a way to increase the amount you gain per hour, regardless of its source you will come out ahead.

If you finding that you are always in the negative and are making decisions/purchases based on emotions only to regret them later on consider changing spending habits.



2. Once you find ways to increase income and if you're bound to a contract such as mortgage or employment take your disposable extra cash and buy your time back assuming you paid off debt or generated income to replace income from employment etc.

Find out your monthly expenses say for example R25k.

Disposable cash or savings on hand R80k
Therefore you. Can "buyback" your time in the form of 80k/25k=3,2 months.

An Increase in the income means an increase in your buying/negotiating power which means increase in how much of your time you can "buyback"


The buyback concept is freedom from ties that bind so to speak.


Note this isn't financial advice so don't be retarded. Rather use this info to increase the value of your lives and in turn others.
Kooni
Kooni - Re: A different perspective - not for everyone
Re: A different perspective - not for everyone
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Posted: 2022-03-31 14:33:43

These number crunching not for me.

Whether the lady ask R600 or R1600 it stays a bargin.
Gretchen
Gretchen - Re: A different perspective - not for everyone
Re: A different perspective - not for everyone
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Posted: 2022-03-31 14:40:58

Okay, something to ponder about. Thanks for the post, very interesting.
buzzy64
buzzy64 - Re: A different perspective - not for everyone
Re: A different perspective - not for everyone
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Posted: 2022-03-31 14:45:30

On 2022-03-31 14:33:43 Kooni said:
These number crunching not for me.

Whether the lady ask R600 or R1600 it stays a bargin.




you've definitely surpassed that stage. its intended more for those to get out of a mess and see whats a priority for themselves
[deleted]
[deleted] - Re: A different perspective - not for everyone
Re: A different perspective - not for everyone
More than 100 posts
Posted: 2022-03-31 16:49:23

Great post!

At R1,500 an hour for a punt you have to be earning R240,000 a month (assuming 8hrs a day and 20 days of work) to break even time wise.

Seems like I need to earn more money!

To visit those Eastern European imports you'll need to earn R9.6m a year to be break even time wise.

Just goes to show how rich we punters are or how dumb our little brains make us.
Vrik
Vrik - Re: A different perspective - not for everyone
Re: A different perspective - not for everyone
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Posted: 2022-03-31 17:08:54

Personally i think this is a rather stupid argument...As following this logic, i should never visit a GP, definitely never go for an operation, have any good art in my house....The list goes on an on....
Vrik
Vrik - Re: A different perspective - not for everyone
Re: A different perspective - not for everyone
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Posted: 2022-03-31 17:10:13

Fuck, I should probably not even think of ever calling a plumber....
buzzy64
buzzy64 - Re: A different perspective - not for everyone
Re: A different perspective - not for everyone
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Posted: 2022-03-31 17:20:30

one would hope you're intelligent enough to know it obviously doesn't count for daily living expenses but rather extras and pleasures to help the ordinary person put things in perspective. not for everyone hence the title.
Miss Red (aka Louise)
Miss Red (aka Louise) - Re: A different perspective - not for everyone
Re: A different perspective - not for everyone
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Posted: 2022-03-31 18:01:03

By this argument I must not want or need anything ever.. lol...

But I get the jest of the post.

But if you have to do this kinda comparison to other things they actually turn out to be very cheap.. earn 500 a hour by a pair of shoes for work that cost 500 get 2 years wear out of them.. kinda cheap ain't it?

And how do you put a time value on memories . I go holiday spend thousands but build wonderful sweet memories? What would the hourly value be.. a lifetime of hours or a minute a day? ..

Mistress Gail
Mistress Gail - Re: A different perspective - not for everyone
Re: A different perspective - not for everyone
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Posted: 2022-03-31 18:08:08
Edited: 2022-03-31 18:08:44

To be quite honest that's way to stressful for me and my KISS philosophy of how I live my life is not presences of keep it simplesly simple.

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