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”
Johann Sebastian Bach had many children. To support his large family, Bach established a steady income, with occasional earnings from composing funeral music. This allowed him to secure a basic livelihood and sometimes pursue the music he was passionate about, which primarily resulted in his masterpieces. It is both desirable and important for an artist to earn a living independently. Balancing one’s livelihood as a person and as an artist holds significant religious and philosophical value. - Joseph’s “just my thoughts”