Is Your Smartphone Stopping You from Becoming a Millionaire?

What you are really giving up by wasting 3 hours a day on your phone like the average American during your working life.

Tyler Harris
Oct 18, 2020 · 6 min read
Man zoning out looking at a smartphone
Man zoning out looking at a smartphone
Photo by Eddy Billard on Unsplash

Introduction

The Data

The average American is spending about 3 hours every day on junk that doesn’t matter on their phone or TV [3][5].

Opportunity Cost of the Smartphone

The average American values the time they spend doing nothing on their phone at $525 per week, which is a little over $27,000 per year using the numbers above [1][2][3][4][5].

Compounding Effect

Under these conditions, you could have earned a whopping $1,474,885.94 over 30 years [8].

Conclusion

Curious

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Tyler Harris

Written by

I write about technology and business. Working on a PhD in IT. Have a MS in IT & a BS in Economics with CompTIA Security+, Network+, and A+ certifications.

Curious

Curious

A community of people who are curious to find out what others have already figured out // Curious is a new personal growth publication by The Startup (https://medium.com/swlh).

Tyler Harris

Written by

I write about technology and business. Working on a PhD in IT. Have a MS in IT & a BS in Economics with CompTIA Security+, Network+, and A+ certifications.

Curious

Curious

A community of people who are curious to find out what others have already figured out // Curious is a new personal growth publication by The Startup (https://medium.com/swlh).

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