What Household Chores to Outsource Now
Retirement means different things to different people but for most it means the gift of time. How you choose to fill that time is up to you, but one thing you may not want to fill your time with is with chores.
There’s a concept called “time scarcity” which basically means you don’t have enough time in the day to accomplish what you want or need and it can impact your sense of well-being. Even though you may have more time in retirement you still may be experiencing time scarcity.
A study published in the August 2017 issue of Proceedings of the National Academy of Sciences entitled, Buying Time Promotes Happiness, supports the concept that despite rising incomes people are feeling more pressed for time and are therefore less happy. The study states, “Surveys of large, diverse samples from four countries reveal that spending money on time-saving services is linked to greater life satisfaction. To establish causality, we show that working adults report greater happiness after spending money on a time-saving purchase than on a material purchase. This research reveals a previously unexamined route from wealth to well-being: spending money to buy free time.”
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