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

7 Omission Bias Examples That Negatively Impact Your Life

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Let’s say you’re walking down the sidewalk near a busy street and you see someone who is texting and not paying attention to where they’re going. There is some space between the two of you, but certainly not so much that you wouldn’t be able to stop them from walking into traffic. As you see … 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

5 Appeal to Tradition Fallacy Examples in Life

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“Because that’s how we’ve always done it.” When I was working in my first position in child welfare at an agency that had been around for decades, this is the response I frequently received when questioning why certain processes were in place. As a recent graduate from a master’s program in social work, I was … Read more