Sunday, February 20, 2011

Cost Benefit Analysis

"Every decision has its costs, rewards, and consequences."

I think this is an important statement for anyone in ministry, and people in general. I remember learning in economics about an opportunity cost. For every decision I make, there is an opportunity cost; I choose to eat chocolate ice cream, my opportunity cost was vanilla ice cream (or any other flavor of ice cream I might have picked). For every decision I make as leader of the youth ministry, there is an opportunity that I am taking out of the picture by doing whatever I decided to do. It puts high priority on the decisions that you make.

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