222 - Moving On: How to Overcome the Sunk Cost Fallacy and Embrace Change
Episode description
Have you ever invested in something (time, energy, money, etc.), only to have it not work out as well as you had originally hoped? Our human instinct is to stick with it, as we don't want to "throw away" that investment. Therefore, we take something bad and make it worse. In today's episode, host Travis Shelton discusses the idea of sunk costs. When we can view sunk costs with a healthy perspective, we will make significantly better decisions and carry much less guilt.
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