Jan 15, 2020
In this episode
of the podcast, I talk about Opportunity Cost and what it really
costs you! I *cringe* as I relay the story of how I spent
1300 of my hard earned dollars on a Louis Vuitton purse just so
that I could say I was the owner of said purse!
I look back on
the error of my ways and realize what a mistake it was for me to do
that and what I should have been doing was “applying basic economic
principles when making financial
although I spent $1300, if I had invested that same amount over the
number of years that I owned that Louis Vuitton handbag, I could
have earned another $1700 for a total of over $3,000!
Yikes!!! Is it worth it?