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1860: What is the Real Cost of Buying Something by Mr. Finer on Non-Monetary Considerations of Spending

Optimal Finance Daily - Financial Independence and Money Advice

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Introduction

The real cost of an item is not just the number that appears on the price tak. If it takes you a week to earn a thousand dollars, you're exchanging a week of your life for that item. A cup of coffee at star buck costs about two dollars and 50 cents. Assuming an average life span of 80 years, one would end up spending one hundrednd nine thousand 500 dollars on coffee. This is optimal finance daily, episode 18 60. What's the real cost of buying something? By mister finer, of mister finer dot com.

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