I tried mailing my alarm clock to the phone company to pay the bill, but it couldn't have been worth much because they still say I owe the money.
Time is a figment of the human imagination made material through clocks, calendars, etc. Money, as much as I hate it, is at least real. So no, time is not money. And to address this conventionally... No, time is not money for me, yet it is for many people. Society is addicted to money... it is the greatest addiction of today's human. I think people would be much better off addicted to ciggs.