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”
Plants produce a toxin called alkaloids for their protection. Over 200 types of alkaloids exist in nature, and they are known for their bitter taste. Humans dislike bitterness and prefer sweetness. Among taste receptors, there are four times as many receptors for detecting bitter flavors compared to other taste perceptions, which is believed to be an evolutionary adaptation for safety against toxins. Fear is an instinctual response in humans to ensure security. Aversion to pain may also serve as a survival mechanism. Don’t be vaguely afraid of fear. - Joseph’s “just my thoughts”