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: <ul> <li style="font-weight: 400;" aria-level="1">What a sunk cost is</li> <li style="font-weight: 400;" aria-level="1">Why we become subject to sunk cost fallacy</li> <li style="font-weight: 400;" aria-level="1">The negative ways that sunk cost fallacy affects us long-term</li> <li style="font-weight: 400;" aria-level="1">How to avoid sunk cost fallacy in order to make better decisions going forward</li> </ul> Resources: <ul> <li style="font-weight: 400;" aria-level="1"><a href= "https://financeinsights.net/G2vjfWn1cvm57">Download the 3 Fundamental "Money Moves" to Make Before Turning 45</a></li> <li style="font-weight: 400;" aria-level="1"><a href= "https://latinxmovement.com/">LatinXcellence, more than a brand, it's a movement!</a></li> <li style="font-weight: 400;" aria-level="1"><a href= "https://www.linkedin.com/in/luisfrosa/">Luis' LinkedIn</a></li> <li style="font-weight: 400;" aria-level="1"><a href= "https://twitter.com/luis_f_rosa">Luis' Twitter</a></li> <li style="font-weight: 400;" aria-level="1"><a href= "https://www.instagram.com/luis_f_rosa/">Luis' IG</a></li> </ul>

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 forward Resources: Download the 3 Fundamental "Money Moves" to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Luis' LinkedIn Luis' Twitter Luis' IG

Have you ever continued doing something that no longer serves you only because of the amount of time, energy, money &amp; 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: <ul> <li>What a sunk cost is</li> <li>Why we become subject to sunk cost fallacy</li> <li>The negative ways that sunk cost fallacy affects us long-term</li> <li>How to avoid sunk cost fallacy in order to make better decisions going forward</li> </ul> Resources: <ul> <li><a href="https://financeinsights.net/G2vjfWn1cvm57" rel="noopener noreferrer">Download the 3 Fundamental "Money Moves" to Make Before Turning 45</a></li> <li><a href="https://latinxmovement.com/" rel="noopener noreferrer">LatinXcellence, more than a brand, it's a movement!</a></li> <li><a href="https://www.linkedin.com/in/luisfrosa/" rel="noopener noreferrer">Luis' LinkedIn</a></li> <li><a href="https://twitter.com/luis_f_rosa" rel="noopener noreferrer">Luis' Twitter</a></li> <li><a href="https://www.instagram.com/luis_f_rosa/" rel="noopener noreferrer">Luis' IG</a></li> </ul>

108: How Sunk Cost Fallacy is Hurting You & How to Avoid It

Welcome to Build a Better Financial Future—the podcast for high earners who want to make their money work harder. 

Hosted by Luis Rosa, CERTIFIED FINANCIAL PLANNER™ Professional and founder of Build A Better Financial Future. This podcast gives you the insights to help you build wealth, break generational cycles, and achieve financial freedom.

Each month, we explore practical tips to help you grow your wealth, optimize your investments, and make informed financial decisions—without the jargon or outdated advice. Whether you're managing taxes, protecting your wealth, or planning for a legacy, we've got you covered.

Subscribe now to start building the future you deserve—one episode at a time.

Disclosure:
Luis Rosa is an investment advisor representative registered with Savvy Advisors, Inc. ("Savvy").  All investment advisory services offered by Luis Rosa are offered through Savvy. Build a Better Financial Future LLC is an independent marketing brand name used by Luis Rosa for advertising and marketing purposes only.  Build a Better Financial Future LLC and Savvy are not related or affiliated. For more information about Savvy, please visit our website.

All advisory services are offered through Savvy Advisors, Inc. ("Savvy Advisors"), an investment advisor registered with the Securities and Exchange Commission ("SEC").  Savvy Wealth Inc. ("Savvy Wealth") is a technology company and the parent company of Savvy Advisors. Savvy Wealth and Savvy Advisors are often collectively referred to as "Savvy".

For full disclosures please visit: https://www.buildabetterfinancialfuture.com/disclosures

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Welcome to Build a Better Financial Future—the podcast for high earners who want to make their money work harder. Hosted by Luis Rosa, CERTIFIED FINANCIAL PLANNER™ Professional and founder of Build A Better Financial Future. This podcast gives you the insights to help you build wealth, break generational cycles, and achieve financial freedom. Each month, we explore practical tips to help you grow your wealth, optimize your investments, and make informed financial decisions—without the jargon or outdated advice. Whether you're managing taxes, protecting your wealth, or planning for a legacy, we've got you covered. Subscribe now to start building the future you deserve—one episode at a time. Disclosure: Luis Rosa is an investment advisor representative registered with Savvy Advisors, Inc. ("Savvy"). All investment advisory services offered by Luis Rosa are offered through Savvy. Build a Better Financial Future LLC is an independent marketing brand name used by Luis Rosa for advertising and marketing purposes only. Build a Better Financial Future LLC and Savvy are not related or affiliated. For more information about Savvy, please visit our website. All advisory services are offered through Savvy Advisors, Inc. ("Savvy Advisors"), an investment advisor registered with the Securities and Exchange Commission ("SEC"). Savvy Wealth Inc. ("Savvy Wealth") is a technology company and the parent company of Savvy Advisors. Savvy Wealth and Savvy Advisors are often collectively referred to as "Savvy". For full disclosures please visit: https://www.buildabetterfinancialfuture.com/disclosures

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108: How Sunk Cost Fallacy is Hurting You & How to Avoid It

108: How Sunk Cost Fallacy is Hurting You & How to Avoid It

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