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Beware the Sunk Cost Fallacy

By Emily Firebird Finance|2021-07-02T15:39:00-04:00July 2nd, 2021|Categories: Personal Finance|Tags: Career, Expense, expenses, FI, finance, financial flexibility, Financial Independence, Financial Security, Firebird Finance, flexibility, flexible, Investments, Levels of financial security, Life, Lifestyle, Lifestyle Inflation, Living Expenses, Money, Personal Finance, Real Estate, Savings, Spend, spending, Sunk Cost, Sunk Cost Fallacy|

No one likes to admit that time and money has been wasted on the wrong thing, but throwing more time and money after it isn't the answer. Beware the sunk cost fallacy.

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I Might Be Laid Off Tomorrow… Here’s Why I’m Not Worried

Beware the Sunk Cost Fallacy