Time is money. Yet, why is it that so many people focus on how they spend their money, but not how they spend their time?
In today’s fast-paced world, research shows more and more people are persistently feeling “time poor.” While time poverty to some people may not seem as important as material poverty, time poverty causes several negative implications from lower well-being, physical health, and productivity that cannot be ignored.
Nearly 50% of Americans report feeling they “don’t have enough time these days”, according to a 2015 Gallup poll.
And yet, despite constantly feeling like there’s not enough time in the day, many continue to work long hours, sacrificing valuable time with friends and family in the hopes of finally catching up on their busy schedules.
What Is Time Poverty
Time poverty is not having enough discretionary time.