Understanding Opportunity Cost

Sharing More Than The Sheets · May 19, 2022 · 13m

Opportunity cost is the potential loss from a missed opportunity—the result of choosing one alternative and forgoing another. Some understand the concept well but many ignore it when making life decisions. In this episode I discuss some practical scenarios in which considering it would be useful in the areas of work, health and money.

Sharing More Than The Sheets is a podcast show to help couples make better financial decisions so that they can focus on the things that they love. We cover financial topics such as budgeting and investing as well as fitness and lifestyle topics such as raising…