Fund your startup (or retirement) by getting rid of your TV

Wednesday, 29 April, 2009

Watching TV becomes an expensive past time if you take the hourly rate of your present job and calculate it by your number of viewing hours.

To put it into perspective, if you watch an average of 31.5 hours of TV each week (which the average person in the US does) and you value your time at minimum wage of $5.85 an hour, you are spending nearly $800 a month ($798.53) to watch TV. That comes to nearly $10,000 ($9582.30) a year. I would imagine that most people reading this value their time well above minimum wage, so the cost is likely several times that number. When you look at it from that perspective, watching TV is an extremely expensive and financial draining habit to have.

While I’m stretching it to make two hours a week, it does put an interesting perspective on the amount of time spent watching TV.

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