Warren Buffet often quoted as saying his haircuts cost $100k, so he cuts his own hair. But the opportunity cost of his haircut changes depending on his age; a $20 haircut in your 20s might cost you $100k, but in your 30s, it costs you only $50k, and in your 40s, only $25k, if not less.

If a haircut costs that much, what are your other spending habits costing you? Opportunity cost shows us that ten years of frugality, saving, and investing in your twenties is worth 20 or 30 years of frugality--or more--down the road.

Some of the topics we address in this episode:
Is YOLO advice a way to make us permanent wage-slaves?
Is the hustle/grind mindset actually how to become successful, or is it broken too?
What is the opportunity cost of investing?
What is the opportunity cost of being a wage-slave your entire life?
And more.