What are your favourite ways to buy time?

By Will Bradshaw @ 2021-11-02T10:02 (+73)

I'm a big fan in principle of spending money to save time, but I've only recently started to really search for new ways to do it. I think the Forum community in aggregate probably has a lot of great ways to buy time that I haven't thought of yet, and I'm keen to collect new ideas.

What are some ways you buy time that you think are particularly effective? What are some ways you buy time that you think other Forum users might not have thought of?

I'm especially interested in interventions you've tried and found valuable that are a bit wacky/out-there.


eca @ 2021-11-02T13:50 (+71)

I think I have a few more I’m forgetting but I will stop there for now.

BrianTan @ 2021-11-06T02:00 (+6)

50% of why I got YouTube Premium just now is because of your recommendation. Thanks!

eca @ 2021-11-06T03:03 (+4)

Well I hope it works out for ya! Thanks haha

In case you are looking for content and have interests similar to me I like the following for audio:

  • Institute for Advanced Study lectures (random fun science)
  • Yannic Kilcher (ML paper summaries)
  • Wendover Productions/ Kurzgesagt (random probably not as useful but interesting science and econ funfacts)
  • LiveOverflow (Security)

And i find that searching for random academics names is more likely to turn up lectures/ convos than podcasts

BrianTan @ 2021-11-06T05:11 (+4)

Thanks for the recommendations! I don't think I'll listen to these, though Wendover Productions looks cool.  I might try listening to some EA Global videos or GPI lectures via audio on YouTube premium.

Quinn McHugh (He/Him) @ 2021-11-09T23:27 (+4)

+1 for ordering groceries online - Tried this for the first time last week. For me, not having to expend the time & mental energy searching for the things I need was well worth the small financial cost. For those in the US and Canada who still like to get out of the house, Instacart offers grocery pickup.

willbradshaw @ 2021-11-02T10:12 (+38)

At the recent EA Global conference, I decided to experiment with getting a hotel very close to the venue, rather than a cheaper Airbnb further away.

I think this paid off very well. I had more time at the conference, got more sleep, and didn't need to carry nearly so much stuff around. I was much more able to go back to the hotel and work when I had downtime in my schedule. I think I probably saved 1-2 hours of low-value time per day.

In addition to the time saved, having a room across the street from the venue also saved significant cognitive effort / attention, which noticeably improved my conference experience compared to, say, a 20-minute commute. Overall I would probably pay at least $100/day in future to have accommodation very close to conference venues.

[Edited to increase the amount per day I would pay.]

Nathan Young @ 2021-11-02T11:26 (+31)

Hire a cleaner.

willbradshaw @ 2021-11-09T17:00 (+15)

My own personal cleaner update: If you buy more cleaning time than you actually need, you can have them do assorted cleaning-adjacent tasks, like making beds and taking out trash.

Today my cleaners broke down my Amazon boxes for me and I am so happy about it.

MichaelA @ 2021-11-03T08:22 (+23)

I think it'd be cool if someone pulled the ideas from answers here into a spreadsheet, maybe categorised them somehow, and other people comment with +1s or -1s (if they've tried the thing and found it worthwhile or not) or any tips. Then the maintainer of the spreadsheet can sometimes reorder the items by which one has the most net +1s.  

(This is something me, at least one other EA Funds person, and I think at least one other Rethink Priorities person previously thought we'd find useful.)

MichaelA @ 2021-11-03T14:51 (+28)

Here are other lists that would be worth consulting for that purpose:

(The quoted bit is quoting from the first link's list of other links.)

willbradshaw @ 2021-11-04T09:50 (+9)

Yup, agreed some sort of collation sounds useful (the +1s thing is a nice extra but might not be worth the additional effort).

Daniel_Eth @ 2021-11-02T22:07 (+23)
Srdjan Miletic @ 2021-11-02T11:49 (+17)

 

I think saving money and putting it into index funds perhaps the best way you can buy time with money. It will literally save you decades of 40 hour weeks over the course of your life.

Linch @ 2021-11-02T11:46 (+17)

Get the fastest internet you can with good service. 

High-quality laptops of course.

If your job involves a lot of videocalls, get at least a decent headset with a microphone, and maybe a professional standalone microphone too. I know people with $300+ headphones but use their laptop's built-in mic, which feels irrational to me.

I know lots of people swear by external monitors, though I haven't found them that helpful myself.

Neel Nanda @ 2021-11-02T13:58 (+12)

I know people with $300+ headphones but use their laptop's built-in mic, which feels irrational to me.

This seems easy to explain with people caring about their experience much more than the other person's? (Or, less cynically, it's easy to notice and fix things that annoy you, rather than things annoying someone else)

Linch @ 2021-11-03T02:07 (+7)

I think this makes sense if you're in an office environment. If you WFH and you are frequently in 1-1 internet meetings, your microphone quality should impact the quality of the call at least as much as the quality of your headphones, realistically probably more since $10 earbuds are "good enough" and the built-in mics very much aren't. 

And the call quality doesn't just impact your partner, it makes your work and social interactions harder too! Especially for someone like me who has a pretty high opinion of the quality of my own words.

I do have an accent so maybe this is more salient to me, but I have certainly been annoyed by native speakers' low-quality/non-existent microphones before, and I expect it to have decreased their productivity at the call at least half as much as it decreased my productivity. 

Or, less cynically, it's easy to notice and fix things that annoy you, rather than things annoying someone else

This seems more plausible to me. Another possibility is that people spend lots of money on headsets for reasons other than videocall quality, eg for listening to music or for white noise cancellation, which again seems more likely pre-pandemic and in an office setting. 

willbradshaw @ 2021-12-02T09:44 (+15)

I've been trying out various things in this domain in the past few weeks and have a few new things to recommend:

willbradshaw @ 2021-11-04T09:56 (+11)

I think I'm getting reasonably good at noticing opportunities to avoid physical tasks via money (cleaner, laundry service, Uber, buy duplicates of everything for travel, etc.). My biggest time sink right now is digital admin tasks (finances, weekly review & general planning infrastructure, emails). I find these more difficult to think of good solutions to, so if anyone has concrete, detailed suggestions for how to circumvent these it would be very valuable to me.

Riikka Ajantaival @ 2021-11-02T11:57 (+11)

Hiring an outsider (e.g. a coach or a psychologist) to go through all relevant and most time consuming parts of your work / life. Just explaining each stream to an outsider is likely to help clarify your priorities, leave out less important ones and make sure you really are doing the most important things.

Also, hiring someone to support working on any addictive tendencies. Intentional and supported work to improve your self-directedness is likely to pay off.

These might not save time immediately but save a lot of time over the years.

warrenjordan @ 2021-11-02T19:43 (+2)

I'm curious to hear more on an example of hiring an outsider, if you have one. I'm not sure I can see the value of it. 

I've done therapy and it had immense value for me to work out through my issues. However, it seems like you're talking about a different scenario here. Perhaps more in the life coach realm? 

Riikka Ajantaival @ 2021-12-02T23:16 (+1)

As a psychologist myself, I fully support anyone engaging in longer therapeutic work.

My point for suggesting “lighter” options in this thread stems from the observation that many relatively healthy and functional people that might not be considering starting a full course of therapy would nevertheless benefit from discussing their practical, everyday challenges with an outsider. The topics, and therefore the most suitable person to discuss with, might vary.

One of the latest personal examples is a discussion with a colleague about my career directions. After a brief standard intro of my current thoughts, she happened to ask a few very insightful questions that helped me to completely cross off a few suboptimal options out of my considerations. Please note that I had put quite a lot of time into considering options myself and talking to my closest friends about them. I’m quite sure this particular discussion saved me a lot of time as I didn’t need to consider those options further, let alone take steps that might have sidetracked me from things that I’m much more passionate about.

It’s not a cure for all and here are some situations where such discussion might not be so beneficial:

  • the problems are more deep-rooted and require longer therapy
  • there are just too many interrelated things to be meaningfully considered in a short session
  • the person we’ve chosen to discuss with is not a very great fit to support us in a very useful way
  • using the available time for self-reflection, meditation or other private self-reflective practices might provide more value, especially if time otherwise spent in them is scarce

However, the more general point is to invest in your own self-development, in any way that one considers to have the best expected value in terms of future well-being and efficacy.

[End note: despite being a psychologist with a clinical background, I'm not currently providing nor planning to provide such coaching or therapy in private practice. So while the content of the comment is related to my work, I'm not advertising my own services nor anyone else's in particular.]

Peter Wildeford @ 2021-11-04T16:27 (+10)

Some ideas I came up with when I previously researched this question. Sorry if these are redundant with other answers. From a US suburban/urban work-from-home perspective:

1.) Get a dishwasher if you don't have one.

2.) Get the fastest possible laptop (assuming most of your work is done online).

3.) Instacart - ~$40/mo, to save me ~3hrs/mo (good idea as long as you value your time at >$13/hr)

4.) Uber/Lyft instead of driving, to save time spent driving and parking - ~$200/mo to save ~4hrs/mo (good idea as long as you value time at >$50/hr)

5.) Cleaning service every week - ~$550/mo to save me ~9hrs/mo (good idea as long as you value your time at >$60/hr)

6.) Use GrubHub more (~10x a month, ~$30ea) - $300/mo, to save ~5hrs/mo (good idea as long as you value time at >$60/hr)

7.) Get other chores done via Taskrabbit - ~$180/mo, to save ~3hrs/mo (good idea as long as you value time at >$60/hr)

MichaelA @ 2021-11-03T14:54 (+10)

Possibly of interest to people here: An abandoned first stab at drafting a post on "What stops EA-aligned people spending money on themselves?"

HaukeHillebrandt @ 2021-11-03T15:47 (+2)

"Access denied."

MichaelA @ 2021-11-03T16:41 (+2)

Good catch! Should work now.

(Given that info, it appears that just the title alone earned me a strong upvote, haha. Hope that person isn't disappointed by the tiny scraps of actual content.)

MaxRa @ 2021-11-03T04:53 (+10)

Meal replacement shakes like Queal, Huel, Soylent or Jimmy Joy are a big one for me.

Quinn McHugh (He/Him) @ 2021-11-09T23:31 (+2)

Relevant website for those who have specific dietary goals or requirements (formerly DIY Soylent): https://www.completefoods.co/

deanspears @ 2021-11-02T10:52 (+7)

Day care for Jeremy the two year old!

JP Addison @ 2021-11-04T10:18 (+6)

Have you hired a digital assistant? Multiple of my coworkers have, though I think reviews are mixed.

willbradshaw @ 2021-11-04T14:02 (+7)

I'd definitely be interested in talking 1:1 with someone who's had success finding a good digital assistant. This (and other "hire a person to do stuff" solutions) seem to me like they require a decent amount of tacit knowledge to pull off successfully.

JP Addison @ 2021-11-04T10:17 (+6)

Use flightfox to buy flights. Opt for a human to book your flights and trust them to make decisions about money.

Sam Celarek @ 2021-12-06T07:35 (+4)

It seems everyone here already implicitly understands how much value our free time has, however I would suggest using this Free-Time Value Calculator from Clearer Thinking which uses several thought experiments to further prime and clarify your intuitions into one central Free-Time Value.  It also has several suggestions for Time-Savers at the very end depending on your Free-Time Value Estimate.  If you take it feel free to share! I've had several friends (EA and otherwise) take it and find it fascinating, but put spoilers on your comment to prevent people from anchoring to your value.  I made a google spreadsheet calculating the value of different time saving options, I can't seem to find it now but let me know if you'd like it.

As for specific and semi-surprising time savers I recommend:

  1. Looking up food delivery options. We tried out Dumpling, but then settled with a food pickup option from Fred Meyer that is free!
  2. Youtube premium. Saves me at least 15-60 minutes per month. And I would argue the moments of watching those commercials are actually negative utility making a youtube premium account even more valuable.
  3. Soylent. Just bought it today. We will see.
  4. Also consider paying more for a parking spot, either at work, or in my case at my apartment. We spend an estimated 3-5hrs per month looking for parking at my apartment between my girlfriend and I, and a 60$ parking spot is very worth it.


ALSO. Thank you for this post! My girlfriend and I have made several time-saving updates after reading this and all the comments. The time this post has saved me is... a lot. 

peter_janicki @ 2021-11-04T10:37 (+4)

We have someone doing some of our household-work (cleaning, some ironing, folding clothes, etc) for us. It‘s only 6 hours a month for her. We „save“ rather 10 hours - she‘s faster. Even with less money, I would still love to pay her a good wage, because it really saves some time.

throwaway489 @ 2021-11-03T13:15 (+3)

Surely not for everyone, but visiting a sex worker from time to time helped me to be less distracted from and more relaxed about dating. It’s legal in my state, and my experiences were pretty wholesome, so ymmv.

MichaelA @ 2022-03-15T19:25 (+2)

One more for the list (suggested by a colleague - I haven't tried it myself): "Consider getting a virtual assistant to outsource some of your life admin tasks, like calling internet service providers, waiting on hold with airlines, and/or researching local plumbers, etc. FancyHands has a $18 monthly service that includes 3 20-minute tasks. Upwork and other services allow you to get an assistant for $6-$30 an hour."