Opportunity cost is what you lose when you make a choice.

For example, if you spend your Saturday working instead of hanging out with friends, the opportunity cost is the fun time you could have had with them.

Why It’s Important:

• It helps us make better decisions.
• It makes us think about all our options.
• It shows us the trade-offs, like deciding between saving money or buying that new gadget we want.

When we understand opportunity costs, we can focus on what really matters to us in our daily lives!