Episode 58 - Sunk Cost Fallacy




Money In The Bank show

Summary: Tune in this week to learn if Angie's crazy utility saving tricks worked or if Brett was right in thinking it wouldn't make a difference. Then we dive into Sunk Cost Fallacy - the irrational decision making because you've already put money into something. We discuss what it is, how to avoid it, and why if you wouldn't buy something today you should probably sell it even if you "lose" money in the process.