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Ep.207 Sunk Cost Fallacy: When to Walk Away From a Bad Investment

Season 1 Episode 207 Published 10 months, 1 week ago
Description

Sunk Cost Fallacy: Stop Letting the Past Steal Your Future

Ever force yourself to finish a $2,000 course that isn’t helping—just because you paid for it?
That’s the sunk cost fallacy in action.

🧠 It tricks you into thinking:

“If I quit now, I’m wasting money.”
But here’s the truth: the money is already gone.

What matters now is what staying will cost you in:

  • Time
  • Energy
  • Opportunity

📉 Smart investors don’t chase losses. They cut them.
 Because progress isn’t about what you paid
It’s about what’s still worth paying for.

✅ Ask this instead:

“If I hadn’t already spent the money, would I still choose this?”

If the answer is no, it’s time to walk away.
 Your future isn’t behind you—it’s ahead.

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