Time and Attention 42: Time and Money
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Jan 5, 2021 
Behavioral scientist and Harvard Business School professor Ashley Whillans discusses the relationship between time, money, and happiness in her book 'Time Smart'. She highlights the importance of making time-first choices for greater happiness, offering strategies to save time and buy time back. The podcast delves into societal preferences for money, the benefits of prioritizing time, and strategies for reclaiming time to enhance overall well-being.
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The Allure of Money
- People chase money more intensely than time, despite time being more fulfilling.
- Money's tangibility and societal emphasis make it an easier target than the amorphous nature of time.
Time Prioritization & Well-being
- Prioritizing time over money leads to increased happiness, reduced stress, and stronger relationships.
- Even simply stating a preference for time enhances well-being.
The Socialization Study
- In a study, students who valued time spent 18% longer interacting with peers.
- This highlights time prioritization's link to increased social interaction, a key happiness factor.