Comments on: exploring opportunity cost

By: resist impulse buying | frugalandthriving.com.au

resist impulse buying | frugalandthriving.com.au — Mon, 05 Sep 2011 16:55:57 +0000

[...] also: “What is the opportunity cost of this purchase?” What will you miss out on if you do buy that thing you have your eye on. This [...]

By: smoking: a drag on your finances | frugalandthriving.com.au

smoking: a drag on your finances | frugalandthriving.com.au — Tue, 31 Aug 2010 14:04:06 +0000

[...] the question to ask yourself. Is the habit, be it smoking or otherwise, worth the opportunity cost that would otherwise be available to [...]

By: the time cost of saving | frugalandthriving.com.au

the time cost of saving | frugalandthriving.com.au — Mon, 15 Mar 2010 14:06:21 +0000

[...] also look at the time savings that can be made by comparing the opportunity cost of discretionary spending in terms of your [...]

By: the time cost of spending | frugalandthriving.com.au

the time cost of spending | frugalandthriving.com.au — Mon, 08 Mar 2010 14:04:37 +0000

[...] are used to thinking about spending in terms of money. The opportunity cost of purchasing that new dress is the interest we could be earning on our savings, for [...]

By: Kaye B

Kaye B — Wed, 03 Mar 2010 22:11:55 +0000

Hello Melissa,

We are in a process like “Joe” at the moment, trying to decide whether to replace our car or not. The advantage is that we have cash saved and will have enough for a newer second-hand car very soon. If we save a little more we will have money to buy a new smaller car. I’ve never had a new car! We always buy second hand as they depreciate so very quickly when new. The cost of repairs with our present vehicle and extra fuel cost for a 6 cyl versus a 4 cyl are certainly part of the pondering process. While I have certainly become more frugal over the years, I have definitely become a procrastinator!!

Hoping to hear of your news soon and do hope you are keeping well.

Regards,
Kaye