Personal Finance
Why “Sunk Costs” still sink people?
By Life is a journey  •  December 30, 2020
Photo by Jason Blackeye on Unsplash Dear Readers, Thank you for coming here! It is quite common that people still make bad decisions because they cannot let go of “Sunk costs”. I am the living example. I still feel very very bad due to my career set back this year. Sometimes, the feeling was so strong that it shows on my face and affects my efficiency in getting things done. Another well-known scenario is as follows: if you bought a movie ticket to a bad movie, will you just leave half way? I do not know about you, but I probably won’t…haha Photo by Natasya Chen on Unsplash So the problem here is why we just cannot let go of the “Sunk Costs” and move on, even though we know we should logically. It would be lazy to just say “Knowing is oceans apart from doing”...
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By Life is a journey
A white-collar and a father of 2, who would like to share his journey to Financial Freedom for both his own record keeping and hopefully inspiration for others on the same journey.
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