In this video, we're going to talk about opportunity costs. Opportunity costs are what you give up when you make a decision. For example, if I decide to go out for dinner tonight instead of staying home and cooking, I'm giving up the opportunity to have a home cooked meal.
Understanding opportunity costs is important in business and investing because it can help you make better decisions.
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Andy Wilson from Twisted Finances discusses opportunity costs. What are they? How do they impact your life and investments?
Join us as we explore one of the most important concepts in finance and learn how to make the most of our opportunities!
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