When deciding where to go for dinner, most people think of the monetary cost versus the quality of the experience. For instance, a visit to Taco Bell does nothing to most people’s taste buds, however the monetary cost is extremely low, so it makes up for it…..or does it?
Maybe it’s time that we start thinking of long-term costs as well. Research shows us time and time again that upfront lower costs often have a larger cost down the road. Take clothing for example. Buy a cheap pair of jeans and watch how fast they fade, rip, and tear.
With a handful of the decisions that you will make today, do a quick assessment as to long term versus short term benefit. I bet you find that you are programmed to make short term choices. This is neither good for you or your loved ones. If we start thinking long term more and more, the results could be huge down the road.
The most successful people are the ones that have a long term vision, the goals to support that vision, and the drive to achieve those goals.