wish: add "Life Energy" attribute

Bug #1867498 reported by Mistyk
16
This bug affects 3 people
Affects Status Importance Assigned to Milestone
HomeBank
Confirmed
Wishlist
Maxime DOYEN

Bug Description

Hi

I just read the book "Your Money or Your Life" written by Vicki Robin, I recommend it.
I learned a very interesting value that is worth entering into HomeBank.

It is called "Life Energy".

With this value, HB can specify how much time you had to work for it at each expense.

In settings we need one field to set "How much money you earn in 1 hour of work" (Everyone can get this value just by divide monthly income by numbers of hours they work for it in that month).

How it works ? For example:
If you earn $30 an hour and you have spent $180 then the value 6 hours will appear in the "Life Energy" column. Shows how much time of your life you had to spend to be able to earn at this cost (180/30=6).

It's a very simple rule that lets you realize some important things and helps you save money.
I recommend that this value appear in every report and transaction list.

What You Think?
Simple and brilliant.

Maxime DOYEN (mdoyen)
Changed in homebank:
importance: Undecided → Wishlist
Revision history for this message
Maxime DOYEN (mdoyen) wrote :

Well this is interesting.
I sometimes used something like that several times to justify my spend was not that much, without knowing there was a book on this.

Question:
- does the value need to remains in hours ?
- or we can span to days for big amount, or minutes, seconds for small one ?

Changed in homebank:
status: New → Confirmed
Revision history for this message
Mistyk (skrzynkapanamarcina) wrote :

The value should also be in minutes. I would skip the second :)
If I earn $20 per hour, the expense of $32 will set the Life Energu value to 1h and 36 minutes (explain: 32/20 = 1.6h = 1h and 36m)

I immediately know that I had to work over an hour and a half to earn at this cost.

:)

Revision history for this message
Mistyk (skrzynkapanamarcina) wrote :

Another challenge is to change your earnings per hour over time.

At the beginning it can be omitted and all calculations related to the currently given value, but with time you can add a separate table in which two data would be given "from when" I earn and the value of "how much I earn per hour".

Based on these two data, the system would automatically know that for expenditure in a given period it should use a different value of hourly earnings.

Thanks to this you could check that once I had to work 3 days for something and today I just have to work 1 day to buy the same thing.

Revision history for this message
Mistyk (skrzynkapanamarcina) wrote :

It is also valuable from a marketing point of view.

I can already see the advertisement on the HB website: "Calculate your most valuable, non-recoverable resource you have - time."

Heheh :)))

Maxime DOYEN (mdoyen)
Changed in homebank:
assignee: nobody → Maxime DOYEN (mdoyen)
Maxime DOYEN (mdoyen)
summary: - wish:Add "Life Energy" attribute
+ wish: add "Life Energy" attribute
Maxime DOYEN (mdoyen)
tags: added: data-structure report
removed: energy life robin vicky
Maxime DOYEN (mdoyen)
Changed in homebank:
milestone: none → 5.6
Maxime DOYEN (mdoyen)
Changed in homebank:
milestone: 5.6 → none
Maxime DOYEN (mdoyen)
tags: removed: report
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