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”
Fear and doubt are brothers from the same root. They are born together from the root of trust and gnaw away at peace and audacity . Fear is the outward emotional expression of doubt, and it is the fuel that energizes doubts to grow. Doubt feeds on your fear and helps keep it from being set aside. In other words, between doubt and fear, the counterweight of ego serves as the center of gravity. If pride weighs down doubts, it blames others; if it weighs down fears, it finds justifiable reasons and surrenders will. A state in which pride is precisely balanced between doubt and fear is called conflict. So, although conflict intentionally seems to be polite to others, emotionally, it constantly forces them to engage in self-defense against regret in advance. - Joseph’s “just my thoughts”