Would you spend $40 to save time?
According to Harvard Business School professor and behavioral scientist Ashley Whillans, it might be a good idea—especially if you’re using that money to buy time that will make you happy.
I haven’t paid for a haircut since January.
This doesn’t mean I haven’t cut my hair—I bought a couple of $3 Tinkle Razor Combs to shape my pixie cut and quickly upgraded to the professional-quality ConairPro Jilbere Professional Precision Cut Comb (for which I paid a grand total of $8.99 plus tax).
It just means I stopped getting $60 haircuts every four weeks.