Here’s how to calculate, in dollars and cents, the value of your time

Takeaway: It’s worth calculating, in dollars and cents, what your time is worth to you. Chances are the value will orbit around four things: how frugal you are, how much you value your time, your income, and how busy you are or how overwhelmed you feel.

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Calculating how valuable your time is can help you determine which tasks are worth spending your time on.

When it comes to productivity, one of the most powerful things to realize is that not all tasks are made equal. Some tasks in your work and home life—like training new recruits, investing in your learning, and playing a board game with your family—are valuable and meaningful to you.

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