The Value Of Life

More often than not, we are often confused with these three. Price, Cost And Value. These three have its own distinction and significance. Here is a simple breakdown of definition (kinda text book thingy~) :


1. Price = an amount put on an item. The amount of money that we willing to pay


2. Cost = how much cost the product worth. Usually, known as the production cost or initial cost meaning how much are put into processing an item into a full product.


3. Value = usually associated with the economic of supply and demand. The value is higher when the scarcity are high in the market.

But this is not exactly what I want to point out. I would be emphasize on the value instead. Value to me, are subjective and would never subject to the economic sense (for me) or unless otherwise in a book theory. It would be exactly which perspective or interpretation of the word "value".


Value is something created in the mind itself. Nothing in this world worth a value. But only when we decide to create a price on it. A broken watch or a rugged shoe would mean worthless to someone but priceless to somebody else in the eye of that person. It was the value or something worth longing or belong to that creates the value of a thing. It was all created in the mind itself. Even the best product in the market would be worthless to someone who doesn't value it at all.


Pretty good example, love. (stupid example) Love are something that has a value and worth holding upon because it is valuable and not easily attained. If we can get rid of the "value" mind, we would start to learn that this world are so driven with value. It is the value in life that makes us appreciate at times. 


Knowing your values and keep the values in yourself. As the world have its value in you.