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What should you choose: time or money?

In a survey, those who picked time were happier and more satisfied

Hal E Hershfield & Cassie Mogilner Holmes 

Given the choice between more time or more money, which would you pick? For a beach vacation, you might pay more for a direct flight to gain a couple of extra hours getting sand between your toes. On the other hand, you might take a better-paying job that requires late nights at the office. One of us, Professor Hershfield, recently faced such a choice. He was invited to teach a weekend seminar out of state. But he had a baby girl at home, born 12 weeks earlier. The pay would offset the costs of child care, but the job would require two days of not oohing, aahing and bonding with the ...

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First Published: Sun, September 11 2016. 21:20 IST
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