Imagine walking through a warehouse full of TV's, cars, barbecues, software,books, clothes and more, and instead of having a dollar value it was instead magically converted into the hours you would need to work to pay for it. Imagine you make $15 an hour, after tax; some of that must go towards mortgage, insurances, medical expenses and other non-negotiable living expenses, so the hourly rate might be closer to $7.50. If you choose an item valued at $30, then you are going to need to work four hours to pay for it. It is no longer worth $30 - it's worth four hours of your life. Do you really want that item, or would you prefer half a day off to do with as you'd like?
How about you? Have you got shivers down your spine? That's the effect it had on me when I first read it.
I've got more to say about this, but I'll leave it at that for today. December's challenge is to calculate your hourly expendable income. It doesn't have to be to the exact penny. But most of you probably haven't got a clue what the figure will be, so all you need to do is improve on that state of cluelessness. Get a payslip and divide your net pay (take-home pay, after tax) by the number of hours you worked that month. If you know what you paid that month for your mortgage, loans, insurance, bills etc., so much the better. But if the thought of finding all that out makes your head hurt, just half the number you started with, as a quick-and-dirty figure.
Don't forget to vote in the poll in the right-hand sidebar when you've done it.