Learn more about moneyandinvestments with this collection
The impact of opportunity cost on personal and professional life
Evaluating the benefits and drawbacks of different choices
Understanding the concept of opportunity cost
“Life is too long to give up everything you enjoy just to save a few more dollars.”
CHRIS BROWNING, POPCORN FINANCE
10
289 reads
MORE IDEAS ON THIS
Avoid Focusing On Scarcity
When a person focuses on scarcity, their mind would focus on nothing but that. If you make something that makes you happy off limits, you would only think about it more.
10
315 reads
Don't Cut Things That Make You Happy
Cut costs on things that don't make you happy. It's easier than cutting costs that you truly enjoy.
12
364 reads
Avoid Doing Things That Deprive You
Your brain responds to the word "budget" the same way it does with "diet". Both can be linked to deprivation. Who would want to commit to something that is difficult and unpleasant? Don't deprive yourself from something that's important to you.
8
277 reads
Related collections
Other curated ideas on this topic:
Controlling expenses and wealth
Those who control their spending do much better. This doesn’t mean you have to save on EVERYTHING, just some things. Enjoy your life by spending on what you want here and there, just keep it in line so you have excess to save and invest. Even 10% will make you wealthy over time.
The Money Personalities: Active
- Spenders: They enjoy spending money, and are people who didn’t enjoy wealth in their growing up years.
- Savers: They save every dollar and try to spend the least.
- Moneymakers: They are the workaholics who try to control mon...
During the race
- Start slowly - starting too fast is a big rookie mistake.
- Don't blaze by every aid station or try to drink from a cup while running full blast.
- Bathroom lines are longest at the first few aid stations. If you can wait ano...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates