There was a time when people preferred doing things by themselves. Where they would actually enjoy taking the time to learn about the things that they didn’t know and then try and figure out how to do it themselves. They used to have a certain amount of pride related to the fact that they could say that they learnt something new and that they did it themselves. This was certainly the style in the days gone by when people had the time to do this along with all of their day to day activities. But now if you ask people, in the modern times whether they would prefer to do something themselves or give them the option of handing over the job to someone else, they would definitely opt for the latter without a doubt, because of the hectic schedules that people are faced with these days.
For example in the days gone by a person who owned a luxury car would have actually taken the time and done any servicing of the vehicle or even minor repairs by themselves. Because they would have taken the time to sit and study the vehicle and the issue at hand. But these days you would find that a person would juts prefer to drive their vehicle into a specialized service station and get the job done. Even if this means that they would have to spend a whole lot of money on it. And the same rule applies to everything in life these days. For example this is the reason you will find an office setup Singapore coming up very often these days. Because a lot of people prefer to handle over the work that they find bothersome to someone else and get it done the easy way.
And it’s not only IT outsourcing that is gaining popularity, there are so many different forms of outsourcing that people find very convenient these days. That is because in the modern times people prefer to spend their money on something rather than spend time on it. They find the latter more precious. And they would prefer to spend the extra time they would have in a rather enjoyable manner. Than sitting down at a table, faced with a problem and trying to figure out a solution to it.
So if the question of, what is more precious, time or money is asked from the modern generation, they would surely give you the answer of time. Because for them time is more precious than money and they would surely choose a way to save time rather than money.