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”
Only ‘things you know wrong’ are considered stereotypes, but ‘things you know for sure’ can also be stereotypes. With knowledge, it is easy to say ‘wrong-RIGHT-words.’ However, there is no “right answer” in the world. There are many ‘answers’ to one problem, and we often have difficulty finding an answer among them. Stereotypes do not discriminate between ‘right’ and ‘wrong.’ Stereotypes, in themselves, only imprison our thoughts. Trapped thinking finds only limited answers. Perhaps you can’t find it forever. - Joseph’s “just my thoughts”