Pay more attention to opportunity cost

I'm not one to collect inspirational slogans, but here's one I like: "Judge the value of what you have by what you had to give up to get it."

Perhaps I took it more seriously because it was pinned to the corkboard of an inspirational friend; she always seemed to be off on another expedition to Mongolia or Patagonia.

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A version of this article appeared in the print edition of The Straits Times on April 07, 2018, with the headline 'Pay more attention to opportunity cost'. Print Edition | Subscribe