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RE: What is Opportunity Cost? Applied to My Daily Life[Eng-Spn]

in TradFi4 days ago

Very good explanation, dear friend @angeluxx. It is very true when you say that opportunity cost does not only apply to the financial world, but can also be applied to many areas of life.

Here's a personal example.
I used to work as a healthcare professional in my country, and unfortunately I had to quit because my salary wasn't even enough to pay for two days of transportation to work. In other words, I was no longer working to earn a benefit, but rather it was costing me to get to my workplace because I had to find money elsewhere to pay for my transportation.

I had to weigh up whether to continue working or resign, and although I loved my job, I had to resign because I was no longer working to get paid, but was paying to work.

The cost was higher than the opportunity.

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I understand your opportunity cost. In the end, your resignation benefits you. Because what you lost wasn't that much. You actually gain from your decision. Right?

Of course, my friend, that's right, peace of mind, health, and my dignity are priceless.

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That's an excellent comment, my friend. It was a good decision and an invaluable opportunity cost. Greetings from this gentleman who admires your position!
LADY

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