Do you avoid the true cost of something?
In today's Better Wealth Breakdown, Dan and I discuss how people avoid the true cost of things specifically in areas of cars and investment properties. Listen as Dan and I walk through the importance of being honest with ALL the costs associated with item such as fee’s, taxes, upfront cost, mileage cost, wear-and-tear, and even evaluating your opportunity cost. Many people will avoid these costs by minimizing and justifying all the reasons costs should or could be lower than they truly are. Whether buying a car or investing be sure that you are completely honest with the TRUE full cost and factor in the costs now and in the future. Don’t fall into cost avoidance syndrome.
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