How do you value time versus money?

Let’s first understand a crucial difference between them: As a personal commodity, money is extremely elastic, in that you can theoretically accumulate an infinite amount of it.

Time, by contrast, is intrinsically inelastic: You cannot accumulate more of it and you’ve never had any less of it. You and I, we get the same amount of minutes & hours in every day of our life.

So, shouldn’t an hour be much more valuable than a dollar ?

Yet we consistently behave as if the opposite were true.

For example: Would you accept a new job with a 20 percent higher salary if it meant a 25 percent longer workweek or a 50 percent longer commute? If so, you are valuing your monetary affluence over your time affluence.

Another illogical way in which we value these two commodities: An abundance of money is considered a