Pay down your debts, or invest in the market? Upgrade to a new car, or start stashing away money for a house? Opportunity costs face us everyday, and today, we’re rolling back the clock to when we sat down with Emily Guy Birken, who explains just how it all works. Plus, we talk on the problems with “free”, sunk costs, and other strategies to manage money. In our headlines we’re talking Johnny Deep (remember that phase?), and talk financial knowledge. How much does the average person learn about money over their lifetime? You’ll be surprised with the answer.
In this full-featured rewind episode we also answered the Haven Life Line about an important (and not uncommon) tax question you may relate to, get around to Doug’s trivia, and a listener letter.
The original show notes can be found here.
This episode originally aired May 17th,2017. Enjoy!