How much money is your time worth ?
$15/Hour = $120/Day = $600/Week = $2,600/Month = $31,200/ Year
Hourly Wage | Daily Wage | Weekly Wage | Monthly Wage | Yearly Wage | Money Lost for average time unemployed: 5 weeks | Total Money Lost for 6 months unemployed |
| $15 | $120 | $600 | $2,600 | $31,200 | $3,000 | $15,600 |
| $20 | $160 | $800 | $3,467 | $41,600 | $4,000 | $20,800 |
| $30 | $240 | $1,200 | $5,200 | $62,400 | $6,000 | $31,200 |
| $40 | $320 | $1,600 | $6,934 | $83,200 | $8,000 | $41,600 |
| $50 | $400 | $2,000 | $8,667 | $104,000 | $10,000 | $52,000 |
The average time for a person to be unemployed before they find a new job is 5 week. So at the hourly of $15hr, an unemployed person has lost $3,000 for being out of work.
This means that an unemployed person should be willing to pay up to $3,000 to find a job as soon as possible.
No one who is unemployed should be worried about spending $100 on TealHQ tracking app, or $100 on a jobs website or $1,000 on a resume experts. At $15hr, every week of no job is costing them $600.00
So this means that every waking moment should be spent updating your resume, your linkedin profile, your education and your search strategy; because every unemployed minute is costing you real money that you will never recover! Time that is lost, is Time gone forever!
