About the Episode: 

• In this episode, we’re breaking down the economic principle called “opportunity cost.” This principle essentially means that when you spend money, you lose the opportunity to utilize that money on something else.
• In our Current Money Events segment, we’re discussing a global view of financial life during COVID-19.
• Our success story comes from Sasha, who has experienced the benefits of having and sticking with a budget.    

Resources:
20-Day Saving Challenge
Saving & Investing Tools
ARTICLE: Mckinsey - Global View of Financial Life During COVID-19
*NEW* Live Online Events
IWBNIN Ladder

Related Monday Money Tip Podcast Episodes:
Episode 03: Making Savings a Priority
Episode 04: The Non-Financial Benefits of Saving Money
Episode 57: Saving For College
Episode 71: The Saving Challenge
Episode 83: Money Saving Tips

Email [email protected] to ask questions or share success stories.