The True Cost Of Time (The Lieber Method)

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For the past few episodes, Matt has been delivering some WISDOM from his reality TV findings. This week, we’re passing the baton off to Kevin to give us some insight into the coveted LIEBER METHOD, and just how important it can be to your everyday life.

Kevin is obsessed with a lot of things. From hot dogs to JRPGs, the list is near endless. But there’s one obsession of his that stands above the rest – TIME. Kevin tells us about the constant scheduling calculus he does on a daily basis and the pitfalls of multitasking, and Matt shares some economic knowledge about the undeniable importance of opportunity cost.

Then, we get into Kevin’s next deceptively simple step – avoiding problems. You might think you have that one figured out, but there’s a lot more to it than you might think. We talk about the difference saving future time can make, the crucial importance of preparation, and the roads to enriching your life.

These steps aren’t without fault, though, and we highlight a few cases where this stuff can really go wrong. Matt talks about the everyday applications of marginal benefit, Kevin tells us a story about sunk costs in a repair job, and we dive deep into the paradoxically expensive nature of trying to save a buck.

For every failure, though, there is a Lieber Method success story that makes it all worth it. We talk about a friend’s recent struggles with a raise in rent and apartment hunting, the surprising solution that wound up working out in the end, and how “mortgaging” your future time can actually be beneficial.

Thanks to everyone who joined us live this week, and thanks especially to all of our patrons. You really make this show happen. We’ll see you all again next week!

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CREDITS:

Hosts: Kevin Lieber and Matt Tabor

Produced and Edited by Ben Webster

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