Your Hourly Monetary Opportunity Cost – Examples

Make sure you are familiar with the concept of opportunity cost. If not, check out this and this. However you choose to approximate your hourly monetary opportunity cost, this amount is then to be weighted against outsourcing any of your outsourcable actions. Simply put – if you have things to get done and these could be [...]

Your Hourly Monetary Opportunity Cost – Intro

In your pursuit to live life optimally it helps a lot to know your hourly monetary opportunity cost. Here I will give a brief description of why this is good to know and how you go about calculating it. I assume you are familiar with the concept of opportunity cost – if not, check it [...]