Pat comments on Collating widely available time/money trades - Less Wrong
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You could get laser hair removal instead of shaving. Calculations assume a discount rate of 10%.
Financial cost of hair removal
Total financial cost: $4,500 to $7,000
Time cost of hair removal
Total time cost: 21 hours
Time cost of shaving
Cost per hour: $41 to $64
Does laser hair removal make it hard to grow a beard ever again even if you want to?