Just what is the cost of wasting time on Facebook?
One of the things that really impressed me in my college Economics classes was the idea of “opportunity cost”. Now, thanks to my ruthlessly practical upbringing and my father’s background in business and economics, I knew full well what “opportunity costs” were well before I got to college. I don’t think he ever called it that, but I grasped the concept early on. In fact, as I reflect at the theoretical half-way point of my life, preparing for my official mid-life crisis, it occurs to me that the greatest losses in my life are not financial or material, but lost opportunities and lost time. Really, for me at least, those two things are intimately linked. Every lost opportunity was lost due to me wasting time in some way. Of course, that’s a pretty ephemeral thing to try and quantify. It’s a little like trying to prove a negative event, which, if you haven’t attempted to do, trust me, is quite a challenge.
So, you can imagine how excited I was to find Everyday Life Calculators on the OMNI Calculator website. Here, finally, I could measure things like the cost of social media in real, measurable terms of money not earned and books not read, among other things, when I was wasting time on the social media du jour. (Which for me, lately has been Instagram, and Pinterest. Don’t judge! You’re wasting time reading my blog!)
So, now, before you spend all weekend getting jealous of the curated lives you see on Instagram or Facebook, calculate how many books you can read instead. Or how many calories you can burn at the gym. Or how much practice time you can get in on the ukulele. Yikes!
See you next week, when I’ll hopefully have something more motivating and less shaming for you to play with.
Enjoy your weekend!