Minimalism and the Sunk Cost Fallacy

Minimalism and the Sunk Cost Fallacy

This is a short discussion about a simple misconception that most people have about selling an item that you no longer need for a loss.  Most of us, me included, often have some discomfort in doing this, but it is mainly because we fall prey to the Sunk Cost Fallacy.   Understanding the Sunk Cost Fallacy will help you to resolve this discomfort and more easily […]