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Cooking, shopping and optimizing time usage.

9/11/2018

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I am someone that doesn't enjoy cooking at all and enjoy good food. That could be costly at times. Eating out or ordering online could be costly sometimes, but if we think about a value of our time, it doesn't look so bad actually. Let me explain.

I did some calculations about how much my time is worth and compared it to 4 different 'food supplies'
  • cooking, grocery shopping and cleaning afterwards by myself
  • eating out
  • ordering catering
  • ordering normal food


First, let's calculate our hourly this year. Let's calculate first 10 months of the year, as November has just started. Let's take a October 2018 as an example here ( I am using rescue time to track time spend on PC and categorise different apps)
Picture
As we can see business contains of pokerstars, pokertracker, discord and other poker related stuff - this is work/business for me = 160 hours/month = 40 hours/week = 5.7 hours/day

From Jan to November I have made $14,900 + approximately $300 in PS RB = $15,200
Which is $15,200/10months = $1520/month
Picture
Therefore, our hourly - I treat poker as a whole, not only playing, so reviewing etc is also work for me, is $1520/160hours = $9.50/hour

Wow, this seems low. I am in a process of moving up stakes, so hopefully this number will be constantly increasing, but for now, let's work with it as it is a true hourly for now.

Conclusion:
An hour of my time is worth $9.50 so far

So now, let's see how much time we need to sacrifice of our day to eat.
Picture
And now let's compare our spendings and time saved. We assume that time saved we spend on poker. I am going to compare cooking for myself to catering only as an example.

By cooking we spend 2.5hours/day and we spend $11
By ordering catering we spend 1hour/day and we spend $19
So, if we order, we save 1.5 hours but we pay $8 more.
Is 1.5h saved worth more then $8?
Of course, 1.5hours x $9.50 hourly = $14.25

So, in this example, putting our 1.5hours saved into poker will net us $14.25 and we spend $8 more compared to cooking. This is $6.25 net profit everyday. ($187,50/month and $2250/year).

Actually, it is eye opening!

Also, there is a huge benefit in ordering healthy catering as well. Firstly, we get 4 balanced meals with calculated calories and macro. We don't feel full and we deliver good balanced diet everyday. The food itself taste amazing, so it's definietely +lifeEV Maczfit is Polish catering company that I have used in the past, but it is only an example of course. Unfortunately, I don't have any affiliate links or promos for you I have nothing to do with the company itself. But I will definietely order 2500kcal for a month very very soon. Look at these beauties!
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    wanderer_pro

    MTT SNG grinder & coach

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