Are your sunk costs dictating your life.

Are your sunk costs dictating your life.

“If one were to attempt to identify a single problematic aspect of human reasoning that deserves attention above all others, the confirmation bias would have to be among the candidates for consideration. Many have written about this bias, and it appears to be sufficiently strong and pervasive that one is led to wonder whether the bias, by itself, might account for a significant fraction of the disputes, altercations, and misunderstandings that occur among individuals, groups, and nations.”

YANSS Podcast 018 – How Benjamin Franklin dealt with haters « You Are Not So Smart

Are your sunk costs dictating your life.

Are your sunk costs dictating your life.

The sunk cost fallacy makes you act in ways counter to your best interests.

How the Sunk Cost Fallacy Makes You Act Stupid

The sunk cost fallacy makes you act in ways counter to your best interests. Learn how to see through these sunk costs and make better decisions.

Daniel Kahneman (born March 5, 1934) is an Israeli-American psychologist. He was awarded the 2002 Nobel Memorial Prize in Economic Sciences. He is notable for his work on the psychology of judgment and decision-making, behavioral economics and hedonic psychology.

Daniel Kahneman (born March is an Israeli-American psychologist. He was awarded the 2002 Nobel Memorial Prize in Economic Sciences. He is notable for his work on the psychology of judgment and decision-making, behavioral economics and hedonic psychology.

We make irrational decisions based on sunk costs all the time.  Recognizing and discarding sunk costs in future decisions is a powerful way to make more solid personal finance decisions.

Understanding Sunk Costs- A Life-Changing Secret

We make irrational decisions based on sunk costs all the time. Recognizing and discarding sunk costs in future decisions is a powerful way to make more solid personal finance decisions.

Understanding sunk costs can help free you from financial guilt.

Sunk Costs: Free Your Finances from Guilt

Understanding sunk costs can help free you financially and move on to, hopefully, make less financial errors.

look through top 7 reasons why "C" students are the most successful people. See the examples of powerful and successful C students as Steve Jobs, Bill Gates.

7 Reasons Why "C" Students Will Be The Most Successful People In World

How the Sunk Cost Fallacy Makes You Act Stupid

How the Sunk Cost Fallacy Makes You Act Stupid

It only costs $10, but it will make you smile every time you open the cabinets

A homeowner HATES under the sink clutter. Her solution? Simple and brilliant!

Need help with your kitchen organization? This frugal under the sink organizing hack will make you smile every time you open the cabinets in your kitchen.

More often than not, people will waste time and money in order to justify costs they’ve already spent. Here's how to handle these "sunk costs" before they bring you down.  More

Know When To Bail: Sunk Costs

More often than not, people will waste time and money in order to justify costs they’ve already spent. Here's how to handle tackle these "sunk costs" before they bring you down.

The sunk cost fallacy - http://petercook.com/2013/02/07/the-sunk-cost-fallacy Imagine you have already bought a ticket to a movie, but on the way to the cinema you find out that the movie you are going to see is pretty average and there is a great movie showing at the same time. What do you do?

The sunk cost fallacy

For a number of weeks now I continually see in my spirit a picture of a treasure map. I saw these treasure maps that were released upon God’s people like scrolls in the past season. These scr…

Sunk Cost Fallacy

How the Sunk Cost Fallacy Makes You Act Stupid

The sunk cost fallacy makes you act in ways counter to your best interests. Learn how to see through these sunk costs and make better decisions.

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