My Take: By Gordon Lambie

By Gordon Lambie

It can be a real challenge to measure costs.
At its most basic level, finding out how much something costs is not complicated. You walk in, check the price tag and you’re done. It works with things like apples and socks, except for the fact that we live in a world where that price probably isn’t the same from one week to the next.
It’s harder with services.
How do you decide how much someone’s time is worth, or make a call about whether a price is fair or not? Where do we draw the line between a reasonable fee to offset the personal costs of time and energy, and an unfair cash-grab?
And what about the costs that go beyond money? What price are we willing to pay as a society for survival or comfort? Is there any room in your budget for compassion?

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