Ep 52: Sunk-Cost Bias & how it affects our everyday decisions

Jump on today’s episode as Dominique unpacks what is traditionally a business term and how it affects all of us every single day in the big and the little decisions. Whether it’s about the food you order on a menu, the people in your life or the career moves, so much of our decisions are based on cost-sunk bias. The 4 questions asked are: In what areas of your life may a cost-sunk bias be persuading or influencing your decisions? If you were able to identify an area, what actions could you take to change that direction? Are your daily habits and actions working in your favor for the life you want to be creating? What sort of decisions may change if you look at life from a zero-budget instead of building on the way things have always been done? And as mentioned, the link to the mini-course walking you through my 5 step method to do more by doing less: https://www.dominiquedynes.com/minicourse