Sunk Cost Fallacy: Explained with Examples

Cognitive bias

The "I already started so I have to finish" trap

What it is

Continuing something just because you already started it

Example

Reading a boring book just because you're halfway through

A scenario

Maria has been taking piano lessons for 2 years but doesn't enjoy it anymore. She continues because she's "already invested so much time."

How to avoid it

Ask: Would I start this today, knowing what I know now?

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