Opportunity Cost

Yesterday I shared with you a real-life example of someone acting while the window of opportunity was open in her life.  Today I want to discuss (fellow econ lovers will enjoy!) opportunity cost.

Even those of you who didn’t enjoy econ classes in college or high school will likely remember the definition of “Opportunity Cost“: The cost of an alternative that must be forgone in order to pursue a certain action.

Sometimes we forget that, in order to pursue a God-given opportunity we must intentionally give up something (or some things) on which we’ve been focusing.  It’ll cost you.  Commit to paying the price.

Dana

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