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Showing posts with the label wrong way

Just my thoughts #0626

One of the key principles of money is ‘opportunity cost.’ It means that when I buy something, I have to give up something else in return. We think we buy because we need something, but we often forget that we could buy something else instead. We rarely consider ‘opportunity cost’ when making a purchase. We do not compare other values against our needs. Buying something means giving up something else, but we often don’t realize it. When we spend money, we should also consider the ‘opportunity cost’; yet, in reality, we aren’t trained to do so. By making a purchase, we bypass the value comparison that may not offer any additional benefits. Maybe it’s because we lack knowledge, or perhaps the idea isn’t appealing. - Joseph’s “just my thoughts”

Just my thoughts #0122

Living hard means saying when you are on the right track. Getting out of the way is the right answer if you've taken the wrong way. And you will live harder in the right way you choose again. Life is a choice before hard work. But most people try to win the choice with effort. In other words, this is called “hardship”. - Joseph’s “just my thoughts”