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I get from the time value of money that receiving \$1 today is worth more than receiving \$1 tomorrow. But what about paying money, as opposed to getting money. Do i prefer to pay \$1 tomorrow than today, because that same \$1 tomorrow would be worth <\$1 today? Or do i prefer benefits and costs today rather than tomorrow?

edit: Assuming no inflation, as to not complicate matters. No uncertainty at all about future prices.

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  • $\begingroup$ Yes, if you have a choice you prefer to pay later. You want to increase the value of what you receive and reduce the value of what you pay. $\endgroup$
    – nbbo2
    Mar 29, 2023 at 10:54

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