Trying to make a decision about your life and how to spend the time you have? Well don’t thinking about spending time, in fact don’t let the idea of money- as-time factor into your decision at all.
Professor DeVoe and PhD student Julian House based their conclusions on three experiments. In each, a sub-group of participants was primed, through survey questions, to think about their time in terms of money. This group subsequently showed greater impatience and lower satisfaction during leisure activities introduced during the experiments. However, they also reported more enjoyment and less impatience when they were paid during one of those activities, which was listening to music.