6 Outcome Bias Examples That Can Negatively Impact Your Decisions

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Let’s say you’re ready to learn a new hobby–and since your buddies seem to enjoy their poker nights, learning how to play this game will allow you to get in on the fun. But you’ve got some catching up to do when it comes to knowing how to strategize, so you decide to take some … Read more

How to Overcome the “Sunk Cost Fallacy” Mindset

Live better, save money, and avoid toxic relationships by learning how to overcome the Sunk Cost Fallacy Mindset in this ultimate guide.

Do you often find yourself continuing on a path that doesn’t feel right, only because you’ve already invested so much time or money into it? You might strongly dislike what you’re doing, but you feel like you have to stay the course because you can’t imagine doing anything differently. If this sounds familiar, then you’re … Read more

7 Free Decision Matrix Templates to Make the Best Life Choices

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There are different ways to make decisions. To arrive at a thorough, well-thought-out choice—especially when you’re bombarded with a ton of options, someone is trying to influence the outcome of your choice, or it is a matter that will affect your whole life—you need to forego subjective methods such as listening to your gut or … Read more

7 Either Or (“False Dilemma”) Fallacy Examples in Real Life

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If you’ve ever been asked if you are a Democrat or a Republican, your answer may have fallen into neither category. In fact, according to a 2018 Pew research study, 38% of those polled claimed to be Independent in their party choice, while only 31% committed to being Democrat and 26% Republican. But the original … Read more