Opportunity Cost and Opportunity Lost

By 2 Cents on May 10th, 2011 | Category: Money Psychology | 9 comments
opportunity cost

Opportunities fly by while we sit regretting the chances we have lost, and the happiness that comes to us we heed not, because of the happiness that is gone.

~Jerome K. Jerome, The Idle Thoughts of an Idle Fellow, 1889

Whether you’re talking about your investments, your view on the economy, or your approach to life in general, your conclusions, actions and results usually hinge on your perspective. I’m often amazed at how different people view the same situation in very different ways. I’m even more amazed by how slight changes in how we look at things can literally change the course and quality of our lives.

Last week I promised to fill you in on what’s been happening with our life changes. (If you’re not familiar with the background story, take a look at Risk Is Relative.) We bought a home in a new city last [...]

Read on and enjoy … Opportunity Cost and Opportunity Lost

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Silence Is Golden: How Quiet Can Be Profitable

By 2 Cents on May 28th, 2010 | Category: Life Balance | 5 comments

. . . noise, in Western society, is considered a symptom of healthy economic activity. . . The opposite is the case. Noise kills, excessive input does real damage. Information overload clogs our ability to function effectively.

~ George Michelson Foy

Update: This article was featured in the Money Hackers Carnival – BBQ Edition posted at Saving Money Today.

Today’s Friday Food for Thought comes from an article I came across a while ago in Psychology Today on Why We Need Silence to Survive. I know that some of us (usually introverts) require quite a bit of time in solitude in order to function effectively. Still, all of us could probably benefit from a little more silence in this era of loud marketing, social media and general input overload.

As noted in the opening quote, we tend to [...]

Read on and enjoy … Silence Is Golden: How Quiet Can Be Profitable

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