Trade-offs refer to giving up something in order to gain something else. Examples of trade-offs include:
Time: If you spend time on one activity, you cannot spend it on another. For instance, if you choose to binge-watch a TV show, you might not have time to cook a meal for yourself.
Money: If you buy something, you are sacrificing the money you could have used for something else. For instance, if you choose to purchase a new shirt, you might have to give up buying lunch from your favourite restaurant.
Health: If you choose to indulge in something that might be enjoyable in the short term, you could be sacrificing your long-term health. For instance, if you choose to eat junk food every day, you might develop health problems in the future.
Relationships: If you choose to spend time with one person, you might have to sacrifice the time you could have spent with another person. For instance, if you choose to spend time with your partner, you might have to say no to your friend who wanted to hang out with you.
Comfort: If you choose to stay in your comfort zone, you might miss out on opportunities to push yourself. For instance, if you choose to not take a job because it sounds challenging, you might miss out on an important learning experience.
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