Friday, November 18, 2016

Opportunity Cost or How a Broken Fridge Can Turn into an Expensive Kitchen Makeover

Have you ever thought about about the difference about an expensive item and a lower-priced counterpart? The difference is not just the amount of money, but also what you can do with this money sitting between, say, a $1,000 leather jacket and a $400 one.

The $600 difference between the two jackets is the monthly payment on your car lease, the monthly insurance on your car, and a lunch out with your kids. No bad, right?