EPISODE · May 26, 2026 · 8 MIN
Why Your Past Money Decisions Are Sabotaging Your Future
from The Money Mindset Podcast with Fexingo: Psychology of Money, Financial Habits, and Wealth Thinking · host Fexingo
Sunk cost bias traps us in bad financial choices because our brains hate waste. Lucas and Luna explore the psychology behind this irrational behavior, from people holding losing stocks too long to staying in miserable careers because they've already invested years. They discuss the 'Concorde Fallacy,' how professional investors rationalize throwing good money after bad, and a simple reframing technique to escape the trap. Learn to focus on future value, not past costs, and make cleaner financial decisions. Plus, a thoughtful reflection on what makes this show worth supporting — if it’s helped you, buy me a coffee dot com slash fexingo. Episode 13 of The Money Mindset Podcast with Fexingo. #SunkCostBias #PsychologyOfMoney #BehavioralFinance #FinancialDecisions #CognitiveBias #LossAversion #ConcordeFallacy #InvestingPsychology #MoneyMindset #FexingoBusiness #BusinessPodcast #FinancePodcast #WealthThinking #DecisionMaking #PersonalFinance #StockMarketPsychology #EmotionalInvesting #LettingGoOfLosses Keep every episode free: buymeacoffee.com/fexingo
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Why Your Past Money Decisions Are Sabotaging Your Future
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