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Episode 36 Opportunity Cost of Miles&Points Part 1December 04, 2017 Michael Mason Trager
Today, Jeff B. returns as a guest on the show. If you don’t already know him, Jeff is a casino gaming expert and also the owner of Action Currency and has written for TravelZork on the topics of currency, wine and luxury hotels. In this episode, we’ll be talking about Opportunity Cost. Opportunity Cost is the cost of an alternative that must be forgone to pursue a certain action or the benefits you could have received by taking an alternative action. In this episode, we find out how Jeff got into miles and points and also opportunity cost – opportunity cost about miles and points. So what is opportunity cost precisely and how can evaluate it smartly? Find out in this Part 1 episode today.
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