Debt and Health – Hidden Costs

I like finding the hidden costs in personal finances. Hidden costs are those costs that are not readily apparent when you are looking at your finances and usually when you leave out the hidden costs, the true cost is nowhere near what you assumed. the problem is that hidden costs are hidden because they are often difficult to detect, but if you don’t take them into account you end up with a skewed view of your true costs and where your finances really are.

A good example of this is the cost of smoking. Most smokers add up how many packs of cigarettes they smoke a day and the cost of the pack to determine how much smoking costs them. In reality, they need to also factor in higher insura

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One Response to Debt and Health – Hidden Costs

  1. gennick says:

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    http://panegold-wmz.net

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