
This Question Doesn't Have to Be Scary: Can I Afford This?
The Jesse Mecham Show
00:00
The Importance of Opportunity Costs in Budgeting
The true cost of purchasing something is not the amount of money that it costs. It is what you're giving up in exchange for buying that thing. So if you spent $100 on something, you could also spend that $100 onsomething else. YNAB is all about making trade-offs with your eyes wide open.
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