I disagree with that, and there are more ways to look at it, I suppose.
One aspect is that time matters more as long as you're able to keep alive, healthy and live a meaningful existence. All which are possible without "more than enough money".
Another is that, depending on a number of circumstances (many of which may be personal), time may matter more regardless of everything else.
Well you always need "enough money". What that means is indeed personal.
Some people are happy with very little, even happy to, say, live off-grid or stuff like that.
But, IMHO, it's hard to be happy when you have to watch your spending all the time or can't afford to do many things. That does not mean you have to spend your life chasing money but there has to be a balance, which is a personal preference.
This is true. But unless one close to poverty or have some fixed obligations (like care for person with special needs) there is always a way to cut 25%. Smaller house, less unnecessary buying, etc.
I’m not saying it is a way to go, but for some people it looks attractive.
Especially, with a 4-day week bills and expenses remain basically the same so a 25% salary cut is a massive hit.