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  • Marcus P. Miller, CFP®

Time and money: A complex view of going out to eat.

What is the cost of going out to eat? $20 for a steak and 2 hours at a dinner table? What

about the opportunity cost? What could you have done with those 2 hours? What is that $20 worth? Perhaps we can apply the financial concept of "time value of money" to the

cost of our meal.