International Speaker and A Top Voice in Time Economics Knowledge
ECONOMIC VALUE OF THE PERSONAL TIME (EVPT)
EVPT it's not just a financial tool. It's a way to honestly quantify the true cost of every hour you decide to invest, give away, trade, or protect. We live surrounded by productivity advice, social norms that value work more than rest, cultures that glorify sacrifice and minimize personal well-being. But this formula proposes the opposite: putting a price on the intangible, not to commoditize it, but to protect it. Time isn't infinite. Your life isn't interchangeable. And your personal history—with your age, your relationships, your health, your needs, and your dreams—deserves a metric that respects it.
Using this formula won't make you a millionaire, but it can help you make better decisions: reject low-paying jobs, prioritize your health, value your rest, understand your emotional burden, and above all, remember that every hour that passes is an investment or a loss that no one else can calculate for you.
ENGLISH
Monthly Income: Income after taxes.
Personal Debt: Including loans, mortgages, or credit cards.
Net Assets: Total of properties, shares, etc. ( fixed and liquid assets owned by you)
Life Expectancy, leave it at 85.
Number of dependants: children, elders, etc., people who need your support in money or time.
Family obligations: use a scale of 0-5 points. The closer to 0, the fewer family obligations you have in terms of money or time. The closer to 5, the more obligations you feel you have.
Subjective valuation of Free time. If you value your free time more than your work time, this factor reflects this. Example: if you consider that your free time is worth twice as much as your work time, then the value to enter is 2.
Self-Perceived Health. 100% = perfect, 50 = reduced health, 20 = [poor health.
ENGLISH
Monthly Income: Income after taxes.
Personal Debt: Including loans, mortgages, or credit cards.
Net Assets: Total of properties, shares, etc. ( fixed and liquid assets owned by you)
Life Expectancy, leave it at 85.
Number of dependants: children, elders, etc., people who need your support in money or time.
Family obligations: use a scale of 0-5 points. The closer to 0, the fewer family obligations you have in terms of money or time. The closer to 5, the more obligations you feel you have.
Subjective valuation of Free time. If you value your free time more than your work time, this factor reflects this. Example: if you consider that your free time is worth twice as much as your work time, then the value to enter is 2.
Self-Perceived Health. 100% = perfect, 50 = reduced health, 20 = [poor health.
ESPANOL
Ingresos mensuales: Ingresos después de impuestos.
Deuda personal: Incluye préstamos, hipotecas o tarjetas de crédito.
Patrimonio neto: Total de propiedades, acciones, etc. (activos fijos y líquidos de su propiedad).
Esperanza de vida: 85 años.
Número de personas a cargo: hijos, ancianos, etc., personas que necesitan su apoyo económico o de tiempo.
Obligaciones familiares: utilice una escala de 0 a 5 puntos. Cuanto más cerca de 0, menos obligaciones familiares tiene en términos económicos o de tiempo. Cuanto más cerca de 5, más obligaciones siente que tiene.
Valoración subjetiva del tiempo libre. Si valora su tiempo libre más que su tiempo de trabajo, este factor lo refleja. Ejemplo: si considera que su tiempo libre vale el doble que su tiempo de trabajo, el valor a introducir es 2.
Salud autopercibida: 100 % = perfecta, 50 % = salud reducida, 20 % = mala salud.
