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”
Steve Jobs died of pancreatic cancer. I have often imagined what the world would be like if he were alive now. But how can we control our deaths? I certainly believe that there are some things that humans cannot intervene in. Whether we call it fate or luck, I think meeting a beloved spouse is also part of this, although we choose the spouse with our intentions. Some people believe that a person has been chosen and loved, but beyond that decision, I ponder whether there is a power with which humans cannot intervene... - Joseph’s “just my thoughts”