Originally posted by: dullard
(1) Time is only money if you would have worked during that wasted time. If your choice is (a) drive 14 minutes more vs (b) work 14 minutes more at an hourly paid job, then your math is important. If your choice is (a) drive 14 minutes more vs (b) waste 14 minutes looking at yourself in the mirror in the morning, then your math is wrong. In this latter example, you get paid the same each year regardless of the option you choose - time wasn't money. Yes, you can put an intangible value on that wasted time, but it often is NOT the value of what you are paid at your current job.
You are right. Your time might be worth *more* to you than what your job pays, after all your job also gives you benefits such as experience, medical benefits, paid vacation, etc. Maybe by coming in to work 5 minutes early every day your boss takes notice and ends up giving you a promotion. Maybe by using those extra minutes each morning to eat a healthy breakfast instead of stopping for fast food you can lead a healthier life and live 10 years longer than you would otherwise.
While there isn't any definitive value of time, I'm just pointing out that even based on a fairly low value of $20/hr driving slow to save gas is a net loss. If you are telling me that your time is worth less than that, that's fine. Whatever value you put on it and works for you is cool.
For me, the value of my time is directly proportional to my enjoyment of what I'm doing with it. If I'm doing something I like, such as hanging out with friends, gaming, or taking a nice walk, the enjoyment I get out of the activity outweighs the loss of time, so I don't really value that lost time as heavily. However if I'm doing an activity I dislike doing, such as driving in the slow lane and watching cars pass me, I'm going to count the value of that time very highly.
Even then I'll admit there are exceptions. Maybe I just got a new CD and I want to listen to it a little longer on the way to work, I might be perfectly happy to drive slower. I see no problem with driving slower for other reasons. I just find it stupid to drive slowly purely for the purpose of saving money on gas.
Originally posted by: dullard
(2) In some cases (free flowing highway/interstate), driving faster gets you there sooner. In some cases (timed stop lights, overcrowded roads) driving faster does NOT get you there sooner. Please don't assume that your case of having more free time applies to us. It may or it may not.
I'm not "assuming" anything.
1- I specified HIGHWAY miles. Obviously people aren't going to be driving 80mph in the city. Use some basic common sense.
2- If your speed is limited by traffic, this whole discussion is redundant. Obviously, it's only a question if you should drive faster when driving faster is actually an option- there is no reason to consider driving faster when driving faster is impossible due to traffic conditions.
However. If your speed is limited by traffic, it's a net of zero change. If you are a conservative driver or a go-with-the-flow speeder, either way you will be driving 40mph when traffic is backed up and moving at 40mph, so your gas consumed and time wasted will be identical. Statistically, such situations can be ignored because they have a net affect of zero change.
Originally posted by: dullard
Driving smart saves money without necesarilly losing time.
Again, I'm *only* talking about deliberately driving below the speed limit and flow of traffic. General "smart driving" tactics are not even being compared. You can still drive smart while driving with the flow of traffic.