When you choose to spend your money now instead of investing it so it‘s worth more in the future, you experience the?
Question: When you choose to spend your money now instead of investing it so it‘s worth more in the future, you experience the?
When you choose to spend your money now instead of investing it, you experience the opportunity cost. Opportunity cost is the value of the next best alternative that you give up by choosing one option over another. In other words, by spending money now, you are giving up the opportunity to invest that money and potentially earn more in the future. The opportunity cost can be significant, especially when it comes to long-term investments like retirement savings, where even small amounts of money invested over time can grow substantially.
0 Komentar
Post a Comment