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Katie Piper: How much the ‘busy tax’ is costing you – and when I pay it

It’s easy to assume that when you earn more money, you’ll have more money.

It’s easy to assume that when you earn more money, you’ll have more money. But what tends to happen is your lifestyle expands – you start to rely on more services and people, and your outgoings in case too. The busy tax is the price you pay for convenience. It is the hidden cost of being too busy to shop around, to compare prices and switch providers, and what you pay for choosing to outsource jobs in order to free up your time. Modern life means it’s easier than ever for this to happen.

Why it matters

Understanding the busy-tax helps consumers avoid unnoticed expenses and better manage household budgets.

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