While reading https://financefreelancelife.com’s post on Opportunity Costs, I decided to write about a concern I have on Opportunity Costs. In economics class in college, students learn of the concept of “Opportunity Costs”. Opportunity Costs questions where it’s worth the time and money to do an activity, and if there isn’t a better way to spend… Continue reading The Cost Of Twisting Opportunity Costs
Author: Money Reasons
A offbeat personal finance blogger that comes from the tech world.
My Financial Pyramid
My Personal Financial Pyramid Just for fun, I thought I’d create my interpretation of a hierarchical “Financial Pyramid” (modeled after Maslow’s Hierarchy of needs). Financial Pyramid Level Details (Top Down analysis): Uber-RICH Warren Buffet, Bill Gates, and similar people dwell here! I don’t know what it would be like to have a Net Worth… Continue reading My Financial Pyramid
Hilton Head Daydreaming
This past summer, we vacationed in Hilton Head for a week. As I look out my wintery window (This post was written on January 23rd, 2010), the weather which reminds me of a grey cloudy horror movie setting, I keep daydreaming of the great time we had at Hilton Head Island in SC. Hilton Head has… Continue reading Hilton Head Daydreaming
Wealth Tip #3: Be Cheap, Don't Show Off
Frugal is a new word I started hearing in the last 5 years. Before that word became popular, frugal people were lumped together will people that were mostly called cheap. And this brings me back to my rich friend Jay (I mentioned him in Wealth Tip #2). Now, you might think since he is worth over 7… Continue reading Wealth Tip #3: Be Cheap, Don't Show Off