In addition to our cell phones, theU.S.
Bureau of Labor Statisticsreports that American adults watch an average of 2.86 hours of television daily.
That might not seem like much, but all of those hours start to add up.
As a result, free time is more valuable than ever.
But how is such a seemingly intangible thing calculated?
The central premise is thatour daily working hourscan be used to calculate the overall value of our time.
As an illustration,Ashley Whillansis an expert in the value of free time.
And our choices powerfully shape whether we’re happy or not."
Rather than all hours of your day having just one value, there are a few tiers.
For example, working your primary job usually takes up many hours of the day.
But the time remaining each day your free time might be split between obligations and leisure.
