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Book review/Investment book

독후감) Dollars and sense: all about opportunity costs

by 팬팬더 2021. 2. 13.
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I or we never learnt in school about money despite capitalism is the root of world's finance system. All money I was able to control was pocket money from my parents, and salary earned by part-time work or regular job, which is not enough to buy huge properties such as land or house. As consequences, I had to manage good that small leftovers wise and good to bring happniess to me. So I was quite confident at managing my budget.

This book says my method is not firm and money consumption habit from my hand matters. The term of opportunity costs is the word I heard often and also I think quite often myself. Even though I believed that I made space to remind opportunity costs, the author points out that it is not careful enough. I condiser both the true benefits and real pleasure, but sometimes I wanted to not think them to enjoy the situation, which is a definitely bad habit.

This book push me think more before use money and deliver the insight that I better seperate my bank book and save small money and take some pain instead of believe myself too much.

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