Professor Ian Walker of Warwick University – obviously a man with way too much time on his hands – has come up with a formula for calculating what our time is actually worth in monetary terms. According to his calculations – and this CNN report – the average British minute is worth just over 10 pence (15 cents) to men and eight pence (12 cents) to women.
Apparently this therefore proves that it’s cheaper to order in a take away meal than cook it yourself, by quite a factor. For some reason that escapes me, Barclaycard has a site which offers to calculate exactly how much your own particular time is worth based on your earnings, location and stuff.
According to their calculations it costs me over 30p (45c) to brush my teeth. Sheesh!