The True Cost of a Thing

by: David Stein url: https://moneyfortherestofus.com/mny005-true-cost-of-a-thing/

Highlights

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Yet, a dollar spent is a dollar that could have been saved. The cost of buying an item is not only the initial price paid and the time spent earning, but in the long-run the cost is the total appreciation and interest that could have been earned on that dollar had it been invested. — David Stein

Quote

Yet, a dollar spent is a dollar that could have been saved. The cost of buying an item is not only the initial price paid and the time spent earning, but in the long-run the cost is the total appreciation and interest that could have been earned on that dollar had it been invested. — David Stein