How valuable is your time?

I assign value to time by understanding the OPPORTUNITY COST: what is the benefit of performing Y versus the cost of not performing X? This works well as it still takes into account all of one’s experience, skill sets, etc., but also accounts for personal preferences.

So as much as you may have many college degrees, many years of unique and specialized experience that is perfectly tailored to a need of a potential client, you still cannot be engaged to do the job unless they pay you $_____, which takes into account all of the above, plus the fact that you must spend hours in a stark office environment, half way around the world in a non-friendly location, all the time being away from your children.