How Do You Spend Your Time?

  • One reason that kids and adults alike enjoy the summer is that many of us have additional leisure time. Time not spent on school, work or household tasks. But time to spend on the things that we enjoy.


    Among the various results of The American Time Use Summary from the U.S. Bureau of Labor Statistics, there was some interesting data on how we use our leisure time. Let me pick out just a couple of items.


    Not a big surprise, but TV occupies much of our free time. "Watching TV was the leisure activity that occupied the most time (2.8 hours per day), accounting for just over half of all leisure time, on average. The amount of time people spent watching TV varied by age. Those ages 15 to 44 spent the least amount of time watching TV, averaging around 2.0 hours per day, and those ages 65 and over spent the most time watching TV, averaging over 4.0 hours per day."


    By comparison their results showed that "Time spent reading for personal interest varied greatly by age. Individuals age 75 and over averaged 51 minutes of reading per day whereas individuals ages 15 to 44 read for an average of 10 minutes or less per day."


    Clearly how we spend our leisure time is changing. Older people spend more time watching TV and reading than younger people. It could be just that they have more leisure time available. After all, that's what retirement is supposed to be about.


    But, it could also be that there's lots of good entertainment and info to be found online. For instance, I saw a couple of neat documentaries on Wurlitzer jukeboxes from the 1940s just yesterday. I often find good videos on a variety of topics there. So maybe younger people are turning online instead of to TV and written materials. After all, they do spend more time online than their elders.


    Whether we learn from a newspaper, magazine, book or reputable website isn't that important. What is important is that we continue to learn. Not just when we're young and in school, but as a lifelong pursuit.


    Naturally when you're looking for information about how to manage your money I hope that you turn to The Dollar We promise to do our best to be a reputable source for information that will help you to 'live better...for less' just like we have since 1996.


    Keep on Stretching Those Dollars!

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