Money-rich, time-poor

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Money-rich, time-poor is an expression which arose in Britain at the end of the 20th century to describe groups of people who, whilst having a high disposable income through well-paid employment, have relatively little leisure time as a result. Time poverty has also been coined as a noun for the phenomenon.

Many people accept time poverty as a necessary condition of employment; others have sought to solve the problem through downshifting or through adoption of flexible working arrangements.[citation needed] The problem affects both salaried workers who work long hours even though they might be well compensated, and hourly low-wage workers who work long hours to earn more money.

Well-off pensioners and some super-rich people are not affected by this as they do not have to work for a living and often do not due to large assets or passive income streams paying the same as a well-paid job.

In popular culture[edit]

  • The fantasy novel Momo by German author Michael Ende dealt with this issue, in regards to time and its use in the modern society.

See also[edit]

External links[edit]