This was a very insightful article. Ultimately, one needs to think critically about decisions and understand the opportunity costs. I think many of us fall into the trap of following popular advice from around our social circles, forgetting we do not have perfect information on other people's respective circumstances.
Amen. Spot on. There are costs and benefits to every decision, and households have the ability to make an informed choice. Unfortunately, too many financial advisors are uneducated about economics-based planning methods. Thank you for shedding more light on the topic.
This was a very insightful article. Ultimately, one needs to think critically about decisions and understand the opportunity costs. I think many of us fall into the trap of following popular advice from around our social circles, forgetting we do not have perfect information on other people's respective circumstances.
Amen. Spot on. There are costs and benefits to every decision, and households have the ability to make an informed choice. Unfortunately, too many financial advisors are uneducated about economics-based planning methods. Thank you for shedding more light on the topic.