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

<p><strong>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.</strong></p> <p><strong>The 4 questions asked are:</strong></p> <ol> <li><strong>In what areas of your life may a cost-sunk bias be persuading or influencing your decisions?<br> </strong></li> <li><strong>If you were able to identify an area, what actions could you take to change that direction?<br> </strong></li> <li><strong>Are your daily habits and actions working in your favor for the life you want to be creating?<br> </strong></li> <li><strong>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?<br> </strong></li> </ol> <p><strong>And as mentioned, the link to the mini-course walking you through my 5 step method to do more by doing less: </strong><a href="https://www.dominiquedynes.com/minicourse"><u><strong>https://www.dominiquedynes.com/minicourse</strong></u></a></p>