MMS042: Why You Need to Know Your Opportunity Cost

In this episode we discuss the concept of opportunity cost with special guest Kevin Stewart from stocksfortheweek.com. We look at opportunity cost, and how it could be killing your financial future. What is opportunity cost? How can you determine if something is worth the cost? Is it about more than just money?

Show Notes: http://moneymastermindshow.com/episode42/

Some important questions discussed in this episode:

What is opportunity cost, and how does it impact your life?

What else could you be doing with your money?

Could what you spend now be the key to a financially sound future?

What are some of the tradeoffs you make with money, time and relationships?

Are you really spending your money and time on what matters to you?

Links We Mentioned

Stocks for the Week Wealth Calculator

AffordAnything.com

Panelists In This Episode:

Glen Craig | Free From Broke

Kyle Prevost | Young and Thrifty

Miranda Marquit | Planting Money Seeds

Peter Anderson | Bible Money Matters

Tom Drake | Canadian Finance Blog

Special guest: Keven Stewart from Stocks for the Week

For a quick bio of each of our show participants, head on over to our panelists page.

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