108: How Sunk Cost Fallacy is Hurting You & How to Avoid It
On My Way to Wealth
English - April 27, 2022 07:00 - 19 minutes - 45.6 MB - ★★★★★ - 18 ratingsInvesting Business financialadvice retirement buildingcredit financialplanning generationx genx gettingoutofdebt investinginvestments money saving Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 107: Building Your Personal Brand with Brittney Castro, CFP®
Have you ever continued doing something that no longer serves you only because of the amount of time, energy, money & effort that you’ve invested in it? Tune in to learn how this behavior negatively impacts your future and how to avoid it!
Notes:
In this episode, Luis talks about the following and more:
What a sunk cost is Why we become subject to sunk cost fallacy The negative ways that sunk cost fallacy affects us long-term How to avoid sunk cost fallacy in order to make better decisions going forwardResources:
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