Thanksgiving isn’t just about turkey and pumpkin pie — it’s also full of lessons that can help you build a healthier relationship with money. This episode of The Grow Your Wealthy Mindset Podcast, explores how the traditions and spirit of Thanksgiving reflect key principles of financial wellness. From planning ahead and practicing generosity, to cultivating gratitude and finding balance, you’ll discover how to bring more intention and joy into your financial life. In This Episode, You’ll Lear...
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Thanksgiving isn’t just about turkey and pumpkin pie — it’s also full of lessons that can help you build a healthier relationship with money. This episode of The Grow Your Wealthy Mindset Podcast, explores how the traditions and spirit of Thanksgiving reflect key principles of financial wellness. From planning ahead and practicing generosity, to cultivating gratitude and finding balance, you’ll discover how to bring more intention and joy into your financial life. In This Episode, You’ll Lear...
Episode 180: Sunk Costs, Opportunity Costs, and Thinking in Terms of Expected Value
The Grow Your Wealthy Mindset Podcast
14 minutes
3 weeks ago
Episode 180: Sunk Costs, Opportunity Costs, and Thinking in Terms of Expected Value
Episode: Sunk Costs, Opportunity Costs, and Thinking in Terms of Expected Value Have you ever kept going with something—even when you knew it wasn’t worth it—just because you’d already invested so much time, money, or effort? That’s the sunk cost fallacy at work. In this episode of The Grow Your Wealthy Mindset, Dr. Elizabeth Chiang explores how sunk costs, opportunity costs, and expected value shape our financial and life decisions. Drawing insights from Annie Duke’s Quit: The Power of Knowi...
The Grow Your Wealthy Mindset Podcast
Thanksgiving isn’t just about turkey and pumpkin pie — it’s also full of lessons that can help you build a healthier relationship with money. This episode of The Grow Your Wealthy Mindset Podcast, explores how the traditions and spirit of Thanksgiving reflect key principles of financial wellness. From planning ahead and practicing generosity, to cultivating gratitude and finding balance, you’ll discover how to bring more intention and joy into your financial life. In This Episode, You’ll Lear...