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Podcast: Teach Me How To Adult
Episode: The Psychology Of Sunk Cost Fallacy: Making Better Decisions, And When To Stay Or Walk Away | The Quickie
Description: Have you ever stayed in a job, relationship, or situation that’s making you unhappy just because you’ve already invested so much time, money or effort into it? GIRL, SAME. And that’s on sunk cost fallacy, one of the most common (and costly) psychological biases that can keep us trapped following paths that no longer serve us.Being able to change your mind and make better decisions is a major key to adulting, so in this episode, we’re unpacking the psychology of sunk cost fallacy and how to finally stop letting past investments dictate your fut...