While poverty is a critical challenge, the global rates of extreme financial poverty are declining. However, a lack of time resources, or time poverty, may be rising.
Researchers define time poverty as the persistent feeling of never having enough time. A 2015 Gallup poll found that almost 50 percent of Americans reported feeling they, “Don’t have enough time these days.”
Dr. Ashley Whillans, a social scientist and assistant professor at Harvard Business School, believes the extreme word “poverty” is apt for both financial poverty and time poverty – both are chronic, cyclic, and cynical. And they lead to reduced well-being.
Time poverty can affect anyone, but it seems worse at both ends of the income spectrum. Research spans from low-income women in Kenya, who tend to suffer from an objective lack of time because of daily household responsibilities, to business executives, who might have the means to create time, but ...