Why the wealthy are always in a hurry

On one point, the evidence is clear: Whether or not people on high incomes are busy, they think they are.
On one point, the evidence is clear: Whether or not people on high incomes are busy, they think they are.PHOTO: BLOOMBERG

Will making more money save you time? Or will it make you feel more rushed than ever? I've been pondering this question because a friend challenged me to figure out whether income poverty and time poverty go hand in hand.

There are cash-poor, time-poor people who juggle multiple shifts with childcare and spend precious hours on long commutes. There are cash-poor, time-rich people - pensioners or job seekers - wondering how to fill the day. But, on average, are richer people more or less busy than those with less money?

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A version of this article appeared in the print edition of The Straits Times on December 04, 2018, with the headline 'Why the wealthy are always in a hurry'. Print Edition | Subscribe