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Cutting Your Losses: The Sunk Cost Fallacy and the Power of “Hell Yes” Thinking

Imagine you’ve been dating someone for four years. Things haven’t been good for a long time. You’re constantly stressed, arguing, and deep down, you know you’re not happy. But every time you think of leaving, a voice in your head says: “But I’ve already put so much into this relationship…” That, right there, is the sunk cost fallacy . Now imagine if, instead of hanging on, you stopped and asked yourself one simple question: “Would I choose this again today, with a clear mind and a full heart?” If your answer isn’t a resounding "Hell Yes," then maybe — just maybe — it’s time to let go. What is the Sunk Cost Fallacy? The sunk cost fallacy is when we continue to invest in something — time, money, energy, even emotion — not because it still makes sense , but because we’ve already invested so much. It shows up in our lives like this: “I can’t quit this degree now — I’m already in third year.” “We’ve already spent so much on this business; let’s keep pushing.” “I...