Revision 716174229 of "Money-rich, time-poor" on enwiki

{{Unreferenced|date=December 2009}}
'''Money-rich, time-poor''' is an expression which arose in [[UK|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.

The phrase is still in use.{{cn |date=March 2016}} '''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 hours|flexible working]] arrangements.{{Citation needed|date=July 2011}}

Being time-poor is increasingly the only way to stay out of poverty as wages have remained stagnant or been cut as the price of living expenses have risen. High-paying roles have the longest hours, around 80 and more hours a week while low-paying jobs often less than 35 hours a week so low-earners have to work more than two jobs simultaneously in order to pay for living expenses.

Well-off pensioners and some [[ultra high-net-worth individual|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.

Increasingly, overworked people turn to the Internet as a tool to maximize the recreational utility they can get out of scarce leisure time.

"Time poverty" is not restricted to the wealthy, but can occur at all levels of society.

==In popular culture==
* The fantasy novel ''[[Momo (novel)|Momo]]'' by German author [[Michael Ende]] dealt with this issue, in regards of time and its use in the modern society.

==See also==
* [[Work–life balance]]
* [[Affluenza]]
* [[Slow movement (culture)|Slow movement]]

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[[Category:Personal life]]
[[Category:Working time]]
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