A note from Daniel

We also make trade-offs based on alternatives and opportunity cost. Someone who moves to the suburbs to save money increases their commute time. Given that our time is finite, the opportunity cost of your time should increase every year. When you are young, it might make sense to trade time for money by moving to the suburbs or assembling furniture, but as you get older, these trade-offs become more expensive.

Daniel The Great Mental Models, Volume 4, page 62 · December 15, 2024 Save to shelf
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