Opportunity cost is perhaps the largest cost people experience in their lives. And most people are not even aware they have it or how much they pay out in terms of time, money, effort, happiness, and peace. Days become weeks, weeks become months, months become years, and years become decades as opportunity cost accumulates in the background. How much do you suppose you’ve paid and wasted in opportunity cost over time?
Well, anytime you engage in, participate in, or commit to something you have incurred the opportunity cost of being unavailable for something else which might have been more positive, rewarding, or inspirational in nature. This goes for the people in your life, the activities you engage in, the work you perform, the beliefs you hold onto, what you spend money on, the temptations and addictions you fall victim to, your personal relationships, the goals and dreams you pursue, your mental state of mind, and the attitude or disposition that you generally carry.
For example, people sometimes remain in relationships which are less than ideal for them (or worse) and do not realize how wonderful their lives could otherwise be. Or they work a job which is less inspiring or fulfilling than it could be. Or they believe in something others tell them to even when it creates negativity in their lives or conflicts with their values (and incidentally forgetting something that I always tell people regarding beliefs: “just because you believe it – it does not mean it’s true.”). Or they put in a lot of time, money, and effort towards achieving a goal they told themselves they wanted for years only to discover it’s not what they truly wanted at all. Or they chase after stocks that everybody loves instead of buying the hated ones which offer more promising future gains. Or they live in a constant state of stress, depression, anxiety, and/or negativity instead of taking steps to improve their mental and physical well-being and overall sense of hope, optimism, positivity, and productivity. Or they carry huge grudges, judgments, and resentments against others and never get the chance to create or experience the closeness that they truly desire with these others.
Don’t do this to yourself. There is opportunity cost with everything. So choose wisely. Move towards the more positive, rewarding, and inspirational aspects and distance yourself from the rest. If you do this you will begin to minimize or avoid the opportunity costs in your life and live increasingly happier throughout the remaining days, weeks, months, years, and decades of your life. So do not waste another precious moment. Start living your new life today.
This and other happiness and self-improvement related tips are provided throughout my self-help oriented books: https://brighterdayslifecoaching.com/published-books-and-life-coaching-services/
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