Tag Archives: opportunity cost

5 Do-It-Yourself Services You Should Leave to the Professionals

Many people are tightening their belts in these uncertain economic times. One of the first places we often look to save money is finding projects around the home that we can do ourselves rather than calling the professionals. All do-it … Continue reading

Posted in Frugal, Housing, Personal Finance, Saving Money | Tagged , , , , , , , , | 6 Comments

An iPhone Money App That I Would Buy

I don’t have an iPhone (I don’t even have a cell phone, but that’s a whole other story), but if I did, I would definitely buy the Opportunity Cost of Money iPhone app. This iPhone app makes the cost of … Continue reading

Posted in Financial Videos, Personal Finance, Saving Money, Shopping | Tagged , , , , | 2 Comments

Understanding Opportunity Cost

Many times, when I help someone with their finances, I discover that their biggest obstacle is that they don’t understand opportunity cost and the impact it has on personal finance. In order to take advantage of an opportunity, something else … Continue reading

Posted in Personal Finance, Shopping | Tagged , , , | 2 Comments