Time is Money Calculator
Should you invest money in a product or service that will save you time?
Use our free Return on Investment calculator below and find out.
Instructions
Enter estimates for the inputs at right and click the “Calculate” button.
Basics Input
Input the value of an hour of your time
$
Input any one-time costs to get started
$
How much does the service cost per month
$
input how many hours it will take to get full benefit (e.g. research, learning, practice
hours
Estimate how many minutes you’ll save each week from this investment
min/week
Advance Input
weeks
$
Input Summary
Period analyzed (years) | ||
Investment Name | ||
Description of Investment | ||
Value of your time per hour | ||
Working weeks per year | ||
One-time Cost | ||
Monthly Cost | ||
Time saved per week (minutes) | ||
Other Monthly Benefits |
Result Summary
— |
ROI=? |
Return on Investment: | — |
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Annualized ROI: | — |
Breakeven Period (months): | — |
Total hours saved: | — |
Annual hours saved (average): | — |
Breakeven Chart
- Savings line is green and area under it is light green
- Costs line is red and area under it is light red
- Axis are months and dollars
Yearly Result
Year | Costs | Benefits | Net Benefits | Hours Saved |
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Monthly Result
Month | Costs | Benefits | Net Benefits | Hours Saved |
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