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114. The Sunk Cost Fallacy: Letting Go As the Most Profitable Strategy
Ever wondered why in some cases, it's challenging to quit something that’s clearly not working out?
Whether it's a personal goal, a professional project, a friendship or a romantic relationship – a lot amongst us have experienced sticking to things due the feelings of guilt over the resources we've already invested in them including effort, money, attention and time.
This episode of the Goddess of Technology podcast breaks down the powerful psychological force behind the Sunk Cost Fallacy and how it impacts our mental and physical health, wellbeing, goals and relationships.
Remember goddess: you deserve to experience situations which enrich you with long-term health, well-being, success and love.
Letting go doesn't always equate to giving up. In some cases, letting go can mean moving forward with introspection, self-awareness, wisdom and strength towards a potential that aligns more strongly with your values and goals.
In this journey, you have the power to choose yourself over past investments that may no longer serve you.
Goddess, I would love to hear from you through the contact form linked in the general podcast description: What are your personal tips on how to successfully let go of something that no longer serves you?
Music: 'Bummin on Tremelo' by Kevin MacLeod – CC BY 3.0 (incompetech.com)
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By Marie Gonzales, M.Sc., M.A.Ever wondered why in some cases, it's challenging to quit something that’s clearly not working out?
Whether it's a personal goal, a professional project, a friendship or a romantic relationship – a lot amongst us have experienced sticking to things due the feelings of guilt over the resources we've already invested in them including effort, money, attention and time.
This episode of the Goddess of Technology podcast breaks down the powerful psychological force behind the Sunk Cost Fallacy and how it impacts our mental and physical health, wellbeing, goals and relationships.
Remember goddess: you deserve to experience situations which enrich you with long-term health, well-being, success and love.
Letting go doesn't always equate to giving up. In some cases, letting go can mean moving forward with introspection, self-awareness, wisdom and strength towards a potential that aligns more strongly with your values and goals.
In this journey, you have the power to choose yourself over past investments that may no longer serve you.
Goddess, I would love to hear from you through the contact form linked in the general podcast description: What are your personal tips on how to successfully let go of something that no longer serves you?
Music: 'Bummin on Tremelo' by Kevin MacLeod – CC BY 3.0 (incompetech.com)