Posts tagged opportunity cost
Simplifying the Dormant Clutter

Two things happened in the past week that reminded me of the weight of dormant responsibilities. The first was that I filed my taxes and, rather than file only my W2 from my employer, I had to file for the minimal amount of freelance income through my photography/design business I started 3 years ago. The second was that I got a notice in the mail that my business account had been overdrawn for seven days and I owed the bank $4.34. I had mostly emptied my business account and it has lain dormant for nearly a year now since I've started at the creative agency but rather than shut it down, I had left it open, accumulating small fees here and there that slowly eaten away at the few remaining dollars that I had left in the account.

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