j = i [ 24 – 8 – (5d + 2w)/7]

Jalsa – a widely common word used in western India. While it can be used in different contexts, it generally means “to enjoy”.

for eg:

- Q – kem cho, majaa maan?
- A – jalsa chaale…

or

- Q – What are they doing at the carnival
- A – jalsa chaale…

for more examples please contact your nearest friend (real/twitter/facebook any will do) from the dry state.

Jalsa is a highly subjective term and can not be measured like we measure wealth, health, stealth, tilth… until now. Today i present you the Jalsa coefficient. Since everyone indulges in “Jalsa” in some or the other way – it made me think – how do we measure jalsa? Not because i wish to find how much jalsa does Mr Abc indulge in compared to Ms Xyz… but cause if i can measure it, i can manage it – or rather maximize it.

Lets discuss two important concepts here – time and money. Remember you had more jalsa (fun/enjoyment) during your college days when you had no money but all the time in the world – and now when you are working – you have all the money but very less time for yourself/family – let alone jalsa. However – that island trip was expensive but worth the jalsa you had there. Because even though some things don’t cost money – for EVERYTHING else you need visa (or mastercard but not AmericanExpress, it’s not accepted everywhere). So you need money – earned/borrowed/inherited – but you need for a certain degree of Jalsa.

So the conclusions drawn from the discussion are that, Jalsa is :

- directly proportional to – free time
- directly proportional to – income

It is upto anyone how they use this free time – but let’s assume that one makes full use of one’s time and money.

*How do we measure free time (or available time)?*

Lets suppose you work ‘d’ hours per day during a weekday. Now work can be defined as anything non jalsa. Since Jalsa is generally associated with indulging in non-productive tasks (read non-earning tasks) – lets include office hours in your work. In addition once can add any other “Earning” task – investment time etc… No matter how much you enjoy it – you get paid for your work – so it should be included in your work time. So “d” hours per day on an average on weekdays represents your work time. Since some of us work on weekends (fortunate or not would be decided by the coefficient). lets say one works “w” hours per day on an average on weekends. So total hours available is = 52x [ 24×7 – (5d + 2w)].

But do not forget your beauty sleep – good sleep is essential for good health and hence wealth. 8 hours per day of sleep is essential for everyone (no, it does not include office nap time as you are getting paid for it). Subtracting the time you slept from our previous equation we get the total available time

available time = 52 * [ 24*7 – s*7 – (5d + 2w)]

Now that we have established this equation – lets move to the next task on hand –

*How do we mea$ure income?*

For simplicity lets measure income as your annual income from work. Lets denote it as “i”. To make it comprabale – I measure salary in $ million. For non $ denominated income, please use purchase power parity (PPP) multiple to calculate income.

*Jalsa Coefficient*

Jalsa coefficient being directly proportional to free/available time and income can be summarized as:

Annual Jalsa Coeffieint (J) = income x available time, or

J = i * 52 * [ 24*7 – s*7 – (5d + 2w)]

also we can denote daily jalsa coefficient as small “j”:

j = i * 52* [ 24*7 – s*7 – (5d + 2w)] / (52 * 7)

=> j = i *[ 24 – s – (5d + 2w)/7]

Please note – “J” or “j” is just a coefficient and has no absolute value. It can be only used for relative comparison.

I have built an excel form to compute jalsa coefficient. hope you can fill it out (anonymously) to track how good the coefficient is:

https://docs.google.com/spreadsheet/viewform?formkey=dEVTV2k1eHZDVmlkQXI2Vng4Ukd1a0E6MQ

finally ! you decoded the elusive “Jalsa” !

PS : (can i claim a breach of IPR?!)

Interesting concept.

Some people enjoy working, perhaps not all the time. This factor must be included. If everyone on the planet hates working then we would never have progressed as civilization.

@nidhi sure.. u win free access to my blog.. 😉

@itsme the formula takes of work as it multiples the salary. otherwise it will leas to double counting.

Nice one dude!! Interesting concept, sounds a perfect fit for marketers targeting by jalsa slice/size.

My 2 cents, why not adjust the ‘i’ in there; just like time..after all there is only i [minus] essential expenses left over for “jalsa disposable cash flow” 🙂

hey omi.. its difficult to adjust for expenses… everyone has different level of expenses. also, most of the expenses are towards jalsa.

what say

so what is your jalsa coefficient ???

Fill out the form.. and we might now what range people live in…

https://docs.google.com/spreadsheet/viewform?formkey=dEVTV2k1eHZDVmlkQXI2Vng4Ukd1a0E6MQ