Episode 012: The Opportunity Cost Formula

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Have you ever heard the financial world say something like this:

How much is that cup premium cup of coffee actually costing you?


You need to start paying attention to the Latte Factor

These are both great examples of what the finance world calls the opportunity cost, but the question many people want to know is simply this;

What the heck is an opportunity cost!?


I get it – I remember thinking this very thing and the reason why I didn’t know much about it is simple: I was never actually taught what this meant.

In this week’s episode of Money Peach TV, I am going to break down the Opportunity Cost Formula is a way we can finally all understand using real-life example from a former student of mine, Samantha.

By the end of the episode, you’re going to see how Samantha made some choices now that is going to have a $307k effect on her life over the next 11 years!

And it all started with using this FREE Budget below:


The first step to solving your problems with money is to take back control of your money. This always starts with the Budget.

Download the Budget




I’ll see you inside this week’s episode!

It’s time to take action,

-Chris Peach



Mentioned in this Episode



Opportunity Cost Formula

Awesome Money Course


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Chris Peach Author 150x150

Chris Petrie

Chris (Peach) Petrie is a personal finance expert, money coach, speaker and podcaster.

In 2011, Chris and his family were exhausted from living paycheck-to-paycheck and facing a mountain of debt. They started going against the society standards of misbehaving with money and made the decision to take back control of their lives and money. Within seven months they paid off $52,000, started saving like crazy and began building real wealth.

The word spread fast and Chris started showing friends how to create a budget over dinner. Soon after he started showing their friends how to do the same and eventually Chris started teaching personal finance classes around the community. As the need for the classes grew, Chris launched Money Peach in 2015.

Money Peach was created to help everyday people remove the stress and fear of money by showing them how to save more, make more, and keep more of their money.

Chris Peach has been featured in places like Business Insider, The Huffington Post, Elite Daily, and CheddarTV.

When Chris isn’t at “work” he can be found at the Crossfit gym or riding on the fire truck — Chris is also a full-time firefighter in Phoenix, Arizona.

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Want to save more money and pay off debt?

Great! Grab the free budget mini course where I will give you a budget and show you exactly how to use it! The same budget I used to pay off $52k in debt, save money and build wealth!



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