Beware the 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.
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.
Social Security. Many Millennials believe that the program will no longer exist by the time they retire. What can be done about it? Let's talk about it.