THE COST OF MONEY

My name is Christopher Peter and welcome to The Christopher Peter Review.

Does the financial ends justify the means to attain that financial benefit? There is a saying that everyone has a price, which might be true. There may be a price point where we are willing to set aside our personal standards and principles to experience a financial benefit that is needed in the moment or just to satisfy a momentary urge.

When we set aside our personal standards and guiding principles, we also set aside any excuse related to consequences or externalities that may exist because of that decision. The excuse that we did not know or anticipate the effect is not an adequate excuse when the result came from a pure monetary pursuit.

I am a capitalist at heart and believe people should maximize their outcomes and financial viability. Take advantage of opportunities that exists because some come only once in a lifetime. But you must understand not only your benefit, but what the potential cost associated that others may bear.

For instance, there are many companies that offer services that really do not make the customer better. They enjoy back end rebates and incentives, while exposing the end user or consumer to financial and other risks that they should not bear. When the regulators come knocking, should we really be sympathetic to the argument that this was not something they could have anticipated?

In this new podcast episode, I lead a discussion on the true cost of streaming, Trump’s new indictment, and the PGA Merger as well as other recent current events. Please click below to experience The Cost of Money podcast episode.