Money Moves with Christine Bello

How Businesses Get You to Spend More - The Sunk Cost Fallacy

14 min · 17. apr. 2023
episode How Businesses Get You to Spend More - The Sunk Cost Fallacy cover

Description

In today's episode, we will go into depth about how our perception of wasting time, money, or effort could lead us to engage in more self-destructive or damaging behaviors (even if the cost cannot be recouped) AND how businesses leverage this knowledge to get us to invest more time and money into their products. We'll explain the proper mental tools needed to avoid such devious marketing tricks, and learn a lil mental strength + resilience along the way. If you enjoyed today's episode, make sure to leave a 5 star rating and share with you friends :)

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