Perhaps one of the most overlooked privileges is not wealth itself, but having enough margin in your life to respond to reality. Over the last few years, we have become fluent in the language of privilege, speaking easily about financial privilege, pretty privilege, racial privilege, passport privilege, educational privilege and social privilege, and in doing so we have become increasingly aware that people do not all start from the same place and that some doors open more easily for some than for others. Yet there is one form of privilege that seems to receive far less attention, and that is the privilege of being able to do something with the information you have, not simply knowing, but acting, because the truth is that information alone changes very little. We like to imagine that if people only knew better, they would do better, and entire industries are built around this assumption, from self-help books and documentaries to podcasts, awareness campaigns, public health initiative...
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...