Posts Tagged ‘ opportunity cost ’

What TV REALLY Costs Us

By Kevin M

We’re not going to talk today about the best deals on widescreen TVs or the most cost effective cable packages. Instead, I want to focus on what I’m certain are the far larger affects of TV on our finances in the form of time, opportunity cost, and influence.

Time. According to Adweek adults in America average 309.1 minutes watching TV each day. That works out to be more than five hours per day! If we spend eight hours each day sleeping, another eight working, plus five hours watching TV, that eats up 21 of our 24 hours, leaving just three hours each day for virtually everything else we have going on!

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