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Listen "57: Letting things go: The Sunk Cost Fallacy"
Episode Synopsis
Quote of the day:
“You can’t go back and change the beginning, but you can start where you are and change the ending”
- C.S. Lewis
How many things do we hold on to simply because we’ve spent too much time on it and we can’t “give up” or because we’ll feel guilty or scared. Relationships? School? Movies? Books?
As the new-year rolls in and we make new resolutions, we need to make the intention of breaking bad patterns too… that’s where the sunk cost fallacy comes in. Join me as I discuss this and how it affects us.
Referenced article is https://time.com/5347133/sunk-cost-fallacy-decisions/
Happy holidays!!!
“You can’t go back and change the beginning, but you can start where you are and change the ending”
- C.S. Lewis
How many things do we hold on to simply because we’ve spent too much time on it and we can’t “give up” or because we’ll feel guilty or scared. Relationships? School? Movies? Books?
As the new-year rolls in and we make new resolutions, we need to make the intention of breaking bad patterns too… that’s where the sunk cost fallacy comes in. Join me as I discuss this and how it affects us.
Referenced article is https://time.com/5347133/sunk-cost-fallacy-decisions/
Happy holidays!!!
In God we trust