Quote for the day: Your greatest expense in life is the money that you do not make
Wed 17 Oct 2018
By John Nayler
So true that when we consider the cost of the opportunities missed, the work not done, the sale we did not close, the invoice we did not send. For what? Maybe we were being too generous. Maybe we should have taken that chance. Perhaps we put it off until tomorrow. Perhaps our mind was elsewhere.
For too long I have thought that "opportunity cost" only applied to Business. Consider the implications for personal life, goals and wealth creation and "opportunity cost" applies every day. Do the math for the compounding effect and the missed opportunity becomes an astronomical figure very quickly.
How much money will you not make today?