What Is Your Commute Really Worth?

A couple of years ago, we had a tenant, a diligent guy who showed up to work 4-5 days every week, grinding away at his work. It was probably not the most rewarding work in the world, but he was there for it like a clock. Dedication! However, since his rent hadn't gone up in years, when rent increase finally happened, he did not want to swing it. He was anchored to the old price, rather than what the new price offered him. So he moved out, landing in an office space 15 minutes down the road.

Sounds like a win, right? Not quite. Now, he was driving an extra 30 minutes every day. Over 300 working days, that is 150 hours a year. If his time was worth $100 an hour and for a lot of folks, it is more than that, that accounts for $15,000 spent just commuting. Funny thing? That is more than what the rent increase would have cost him. On top of that, we are located closer to the town, near a few hiking trails, and a beatiful river. Not only is Breckworks great for work, we are pretty good for your time off too. It got us thinking.

People obsess over dollar signs but forget that money really buys time. This guy could have stayed put, saved those hours, and maybe enjoyed a few more coffee breaks instead of traffic jams. And here is the kicker — as we get older, time is the one thing we cannot get back. At Breckworks co-working space, we are not just offering desks. We are giving you time to work smarter, not harder. Because at the end of the day, isn't it that what matters most?

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