I Will Teach You To Be Rich

20 ways you can buy your time back

I Will Teach You To Be Rich sent this email to their subscribers on September 23, 2023.

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I find that people love the idea of buying their time back. But when you actually observe how they spend time and money, they do the opposite!

  • They drive miles to save $0.10 on gas. 
  • They do their own laundry and grocery shopping when they make $650,000+.
  • When you ask them why, they say, “Well...I could do that myself!”

Yes, I could literally till the soil and harvest grains and bake my own bread, but I don’t.

Today I’m going to share 20 ways you can buy back your time, no matter your income level. 


Today’s newsletter is sponsored by DoorDash.

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20 ways to buy back your time

  1. Instacart for grocery delivery
  2. House cleaning 
  3. Babysitter
  4. Mobile car wash
  5. Paying someone to book flights using points (e.g., point.me)
  6. Personal trainer (I’ve paid for a personal trainer for years)
  7. Personal organizers (I’ve done this)
  8. Mobile dog groomers
  9. Dog walker 
  10. Personal assistant (how to hire an assistant + the tasks I have my assistant handle)

Before I go on, why is it so hard to spend money on hiring help for tasks around the house? Let me highlight a comment from one of my Money Coaching students, Rachel:

I was discussing paying someone to clean my house...one friend said "if your car's broken, you pay a professional to fix it. Same with the AC or the radiator. Why is cleaning a house different? Is it just because it's considered "women's work"? Why? There are professionals who clean house, hire them."

And I recalled the older women in my family getting uncomfortable hiring help in the house because my grandmother used to say something to the effect of "no self respecting woman pays someone to do something she's perfectly capable of doing herself."

I realized I inherited/took on this notion that an unclean house is a kind of moral failing on my part, and therefore hiring someone to help ends up being shameful or less than. Being the one to physically clean it does not have to be a priority for me, and it isn't!” 

Notice how many cultural and gender issues are involved in spending money to buy back your time. This isn’t purely about the numbers.

  1. Massages at your house 
  2. Travel advisor to plan your vacation
  3. Food-delivery service
  4. Personal chef 
  5. Au pairs, mothers helpers, nannies
  6. DoorDash 
  7. Car service at airports
  8. Thumbtack — people to take boxes to UPS, dry cleaning
  9. Meal prepper — someone to cut veggies
  10. Premium newsletter of curated articles

Some of these are very expensive (as they should be). Others are surprisingly affordable. If convenience is your Money Dial, consider how you can spend money to buy your time back.

Signature

P.S. This week on the podcast: “I shouldn’t have to ask for $20 to get McDonalds for the kids”

Check out this fascinating conversation with Cacey and Doni here:

Podcast-Cacey and Doni.jpg

Text-only version of this email

To view this email as a web page, click here i-will-teach-you-to-be-rich, I find that people love the idea of buying their time back. But when you actually observe how they spend time and money, they do the opposite! * They drive miles to save $0.10 on gas.  * They do their own laundry and grocery shopping when they make $650,000+. * When you ask them why, they say, “Well...I could do that myself!” Yes, I could literally till the soil and harvest grains and bake my own bread, but I don’t. Today I’m going to share 20 ways you can buy back your time, no matter your income level.  ---------------------------------------------------------------------------------------------------------------------------------- Today’s newsletter is sponsored by DoorDash. DoorDash Logo With DoorDash, you’ll enjoy delivery from grocery, convenience stores, restaurants, and more—all delivered in an hour.  Use promo code RAMIT to get 50% off your next order.  Find special deals here from all of our sponsors. ---------------------------------------------------------------------------------------------------------------------------------- 20 WAYS TO BUY BACK YOUR TIME 1. Instacart for grocery delivery 2. House cleaning  3. Babysitter 4. Mobile car wash 5. Paying someone to book flights using points (e.g., point.me) 6. Personal trainer (I’ve paid for a personal trainer for years) 7. Personal organizers (I’ve done this) 8. Mobile dog groomers 9. Dog walker  10. Personal assistant (how to hire an assistant + the tasks I have my assistant handle) Before I go on, why is it so hard to spend money on hiring help for tasks around the house? Let me highlight a comment from one of my Money Coaching students, Rachel: “I was discussing paying someone to clean my house...one friend said "if your car's broken, you pay a professional to fix it. Same with the AC or the radiator. Why is cleaning a house different? Is it just because it's considered "women's work"? Why? There are professionals who clean house, hire them." And I recalled the older women in my family getting uncomfortable hiring help in the house because my grandmother used to say something to the effect of "no self respecting woman pays someone to do something she's perfectly capable of doing herself." I realized I inherited/took on this notion that an unclean house is a kind of moral failing on my part, and therefore hiring someone to help ends up being shameful or less than. Being the one to physically clean it does not have to be a priority for me, and it isn't!”  Notice how many cultural and gender issues are involved in spending money to buy back your time. This isn’t purely about the numbers. 11. Massages at your house  12. Travel advisor to plan your vacation 13. Food-delivery service 14. Personal chef  15. Au pairs, mothers helpers, nannies 16. DoorDash  17. Car service at airports 18. Thumbtack — people to take boxes to UPS, dry cleaning 19. Meal prepper — someone to cut veggies 20. Premium newsletter of curated articles Some of these are very expensive (as they should be). Others are surprisingly affordable. If convenience is your Money Dial, consider how you can spend money to buy your time back. Signature P.S. THIS WEEK ON THE PODCAST: “I SHOULDN’T HAVE TO ASK FOR $20 TO GET MCDONALDS FOR THE KIDS” Check out this fascinating conversation with Cacey and Doni here: Podcast-Cacey and Doni.jpg You may be new to IWT. Here's all the stuff we offer Programs Podcast Netflix show Books Check out our website for more Follow Ramit ig fb tw yt pc
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