"Time
increases the amount of money"
Actually,
anything get mixed with time in a good way is supposed to ripe more and be more
of value, whether it is money, effort, or anything
So, a dollar
today is more of worth than the same dollar tomorrow because you are supposed
to
-
Invest it so it gives you more
in the future
-
Put it in a bank and get
interest (your next best alternative)
That is kind
of an opportunity cost question here:
What is the
best thing to do with a dollar?
Here you have
to put in consideration two things when you are reviewing all your options.
These two issues are:
-
I will NOT have this amount of
money money for the next (certain amount of time)
-
If I spend this amount of
money, I expect to get compensated in a satisfying way after (certain amount of
time)
Of course,
this is the financial point of view. You have to consider the other views we
have talked about before
No comments:
Post a Comment