I have a similar approach albeit a different manifestation I suspect: I try to avoid accumulating money as compensation of my time. If I'm not being paid, I'm not working so I tend to work what I need to. If I am being paid, I'm making sure it's as much as I can get to avoid having to get more.
This is indeed so true; yet money doesn't buy time. Unless you are in your dream location there's always inherent costs to visiting relatives / friends, match their schedule, or simply go wherever you feel good. So you end-up with a double need for money ;)
In some degree, it does. If you have more money than you need, you can opt to work less hours (not everyone can, but in Germany for example most people have that option).