The Last Podcast You'll Ever Need on Infinite Banking | Mr.BRRRR
BetterWealth with Caleb Guilliams
Understanding Opportunity Cost: The Value of Money Over Time
The insight highlights the concept of opportunity cost by emphasizing that once money is spent, its potential to earn more is lost forever. It demonstrates how investing a hundred dollars at 3.25% interest for 50 years can grow into $194, and potentially $28,000 at 12% interest. This illustrates the significance of considering the future value of money and the opportunities foregone by spending it immediately.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
