Living Life's Numerous Opportunity Cost

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*Opportunity cost is mostly living the potential loss of a choice that was forgone.
We mostly live the consequences of opportunity costs every day of our lives and this is because with every day that passes we're on spot, making choices and decisions and forgoing some others including the potential benefit that comes with them.

In life, everyone is looking to maximize everything, this is why we prefer to be close to perfection with every decision we make. The reality of life is that there's no potential benefit that hardly comes with disadvantages.

Most of the choices we make aren't because they don't come with a disadvantage or a downside, we make those choices because the potential benefits seem better than the downsides.


The Present Potentiality Of A Choice

I remembered asking a friend to ignore a bank job and go freelance but he felt freelance wouldn't give him a bulky salary, even though he'll enjoy the flexibility and quality of life that comes with freelancing.

The truth was that he decided to work in the bank because he didn't have all the information that was necessary to make a better choice. He saw a better advantage with going for the bank job, but fast-forward to today, he's living the opportunity cost of freelance opportunities.

The truth is, time can change anything. Volatility lies in our choices because we mostly don't make decisions that are based on stability, we mostly make decisions based on how advantageous they are to us in the present.


The Experience In Scale Of Preference

Honestly, we cannot choose a better future and live in a terrible present. In reality, scarcity tends to prune our abilities to make good choices and this is why sometimes we make a choice and the consequences of that choice we didn't make are continuously prevalent in our lives.

This is because we need experience in forming our scale of preference. In life, having money makes it easier to make mistakes, the consequences of an opportunity lost are mostly consequential when we do not have money, this is why we mostly spend so much time, training ourselves to make better choices.

However, even if we have money, what if the opportunity cost is mostly about time and its loss and how money cannot buy time?


Gain, Loss & Risk

I have spent the last 6 weeks being sick and looking for an apartment to rent, I could have gone to the hospital because my anemia was becoming something else, but I chose not to. Instead, I preferred using all that time to look for a house, spending extravagantly on agency fees, transportation, and time.

The potential gain was that I could get a place, tailor my life, and seek new ways to make money and the potential disadvantage was that my illness could escalate and then I'll have to be admitted to the hospital with immediate effect.

I could have spent a long time in the hospital, maybe one month, maybe more. I'll have lost time and still lose out on all other opportunities.


The Consequences Of Being Blindsided

In reality, no one can say they're not living the consequences of their opportunity costs. It's prevalent in almost everything we do.

One of the ways to mitigate this is having experience and having money. Money mitigates all financial consequences and having experience certainly helps us from learning from mistakes.

Because no human is omnipresent, this is why we're prone to failure from miscalculation and misjudgments but because we're good with adaptability we find ways to live and cope with consequences in other to thrive.




Interested in some more of my works?


Keying Into Sophistication & Exposure To Forestall Economic Revolution
Money: The Learning Curve & Translational Process
What Makes A Job Opportunity Lucrative?
Shopping Online & The Illusion Of Buying Cheap Things
The Humanistic Approach Towards Scarcity & Competition
Spending & Accumulating: The Low & High Point Of The Crypto Seasons.

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@Josediccus, your brother-in-pen & heart


I'm hoping to reach more people who are broken at heart and spirit, so share on any platform or reblog


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11 comments
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It is pretty creepy the way everyone is ignoring what is happening to me and still going to Hivefest. Lay the dirty snatches out why dont ya. Fake it all you want creeps, its so obvious the blind eye you are turning. @fyrstikken told me what V2K and RNM was before they turned it on for me. Around that time he introduced me to @roelandp . I still have the emails between myself and @roelandp . This chain is centralized by design and @fyrstikken helped set it all up to fuck everyone, one by one, slowly into my situation. This is no joke you dumb mother fuckers, they shock you to your thoughts..... Hello????? It is in store for everyone you fools and your helping. Voices pulsed in your head and shocks to your thoughts??? Ignore me and help fuck innocent people for life? @roelandp and other top witnesses I know are involved with @fyrstikken.. Wait until people find out you conspired to enslave them with this shit. I am not crazy and you know it. they are doing this shit to me and told me what it mother fucking was BEFORE THEY TURNED IT ON! Your acting like naive children or maybe you are just part of the problem? You look like sociopaths. Everyone should unplug from HIVE until they are caught, .your. celebrating and ignoring my obvious, you look like fools. You know who is doing it....they are trying to kill me with it. The Havana Syndrome is real too you slave trading V2K, RNM enabling fuckers. Arrogantly play ignorant you Creeps, your setting the table for trafficking and total enslavement. I did not know I was circumvented until a year after I was?..People here will be nice until it?s too late. There is no way to stop it once they have you. Grow the fuck up, this is not aliens, gods, celebrities or a medicate-able mental concern. It is 100% electronic and beast as fuck. You do not want this shit. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism ..... https://ecency.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem

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It's hard to figure out which is better and it's all about opportunity cost. Good luck with finding a place and that you feel better soon.

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Well, I think even when we've made some ultimate choices in life, we still look back at the opportunities and losses we accrued choosing something over another.

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Congratulations @josediccus! You received a personal badge!

You powered-up at least 10 HIVE on Hive Power Up Day!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!

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Check out the last post from @hivebuzz:

The 7th edition of the Hive Power Up Month starts today!
Hive Power Up Day - July 1st 2022
NFT for peace - Thank you for your continuous support
Support the HiveBuzz project. Vote for our proposal!
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Nice, I particularly like the concept of making decisions based on short term gain, not longterm loss of opportunities. This is very true. The stability of working for someone else is a short term gain, but the longterm sacrifice of freedom may be more valuable in the future or longterm.

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You're absolutely right. One might enjoy the short term stability of working for a someone else but it might not really be so advantageous when you consider the future. These things align together.

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Honestly, we cannot choose a better future and live in a terrible present.

Nicely said bro, some of us wants a better tomorrow but our actions today isn't capable of producing the better tomorrow we want, staying discipline and paying the price for tomorrow's gain is what defines us.

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Well, I'm always conscious of the future and this is one of the reasons why I try to live and plan the moment and the present because they're aligned. One cannot afford to be irresponsible

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True, it can get really hard when you don't have money to make things work...but having the money and no experience at all can be quite disadvantageous..

Each decision we make comes with an opportunity lost and something gained.. we can take up every opportunity we get, thats why we strive to pick the best and hope to the Lord that it's the best decision yet.

Through out last week, I decided to stay off Hive, because I was getting overwhelmed with some projects I had to do in real life, I could as well just turned down the projects but then I felt like I could minimize the risks involved and gain something tangible...it was a risk but it paid off, my mind is a lot refreshed and I'm back, a lot calmer than before...

Thanks for sharing bro ❤️

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Mankind's limitation of time and limitations to be in different times is one of the hardest things to navigate. Even when all seems well in a particular direction another sufferes because of the choice made. The struggle is real and the main challenge is we end up blaming ourselves at night

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