2min snip

BetterWealth with Caleb Guilliams cover image

The Last Podcast You'll Ever Need on Infinite Banking | Mr.BRRRR

BetterWealth with Caleb Guilliams

NOTE

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.

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