It can be tempting to judge our peers by their financial decisions. But the kaleidoscope of human experience is varied. While one standard financial rule may help others, it may not apply to you.
You don’t need to know your finances inside and out keep things under control. You just need to a snapshot of a few key metrics that gauge how you’re doing in certain areas.
After his dog destroyed his favorite sweater, Peter begins to reflect on the opportunity cost of that $100 spent to replace it. He shares some insights about how to think about opportunity cost so you can make your money work toward your #1 goal.