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”
A wise person advises us not to hold grudges against anyone in our lives. This is because if I foster a grudge, even if it’s physically disconnected from each other, that grudge will eventually interfere with my life. Blessings and grudges also operate beyond my time. It’s just problematic because it doesn’t align with the timing I desire, and our lives are intertwined with an inevitable fate that transcends time in this way. - Joseph’s “just my thoughts”