All Articles

Spending Money: What is Opportunity Cost?

Profile Image
SHARE LinkedIn Icon Twitter Icon Facebook Icon Email Icon

Spending Money: What is Opportunity Cost?

You make many choices every day. You choose how to spend your time. You choose how to spend your energy. You also choose how to spend your money.

Did you know that every choice you make has an opportunity cost?

An opportunity cost is the value of the options you didn’t choose.

(Article continues below video.)

Information in this article is general in nature and for your consideration, not as financial advice. Please contact your own financial professionals regarding your specific needs before taking any action based upon this information.

Ask RBFCU