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Dealing with the Sunk Cost Effect

Tags: sunk dealing

The Sunk cost effect, is the feeling that, if you have spent a considerable investment of money into something, you are obliged to keep it. Dealing with the Sunk Cost Effect – Don’t Feel Guilty When You’re Getting Rid of Your Things  by Kristin Herman     Minimalism has taken the world by storm over…



This post first appeared on OMTimes Magazine - Co-Creating A More Conscious Li, please read the originial post: here

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Dealing with the Sunk Cost Effect

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