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The Real Cost of That 52″ Screen

If time is money, have you ever considered the cost of your TV viewing habits?
tv viewing

“When people ask me what was the best decision I made when I decided to create this website, they are often surprised when I tell them that it was my decision to quit watching TV. There is no doubt that TV costs people far more financially than they believe. For most people, TV is a habit that costs in excess of $1 million over a lifetime, or the equivalent of a healthy retirement account. For me, had I continued to watch TV over the past five years, in addition to the monetary aspects, it would have been the difference of working in a job I didn’t like and having my dream job working for myself for which there is no way to set a price.

That is a rather staggering figure. The writer above determined that he had been investing at least three hours a day in TV viewing. He took those three hours and instead used them to create his website. Anyone can make the same decision. Can your B2B networking or peer networking efforts profit by investing another 1,085 hours a year into them? Imagine what you could do with those hours that you now spend in front of your 52″ screen.

“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.”
(Source)

For most businessmen, ROI is a primary consideration. If you would never tolerate a loss of thousands of man hours in your company, why do you perpetuate a similar loss in your own life?

Posted on Monday, July 30th, 2007 at 4:45 am In Peer to Peer Network | Comments RSS

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