All Episodes

March 10, 2025 13 mins

Send us a text

In today’s episode, we dive into one of the most common reflections my clients have after making a major life change: I wish I had done this sooner.” 

Whether it’s quitting a toxic relationship or pursuing a new career path, many of us delay making these big decisions because we fear what we will lose. In this episode, I explore why it’s so hard to take the leap, even when we know deep down that making the change would be better for us. The fear of loss, or “loss aversion bias,” often keeps us stuck in situations that aren’t serving us, making it difficult to see the potential benefits on the other side of change.

I also touch on how this bias can manifest in both small and large decisions, whether it’s staying in a job you hate because it’s stable or continuing unhealthy habits because they feel familiar. It’s a natural human tendency to prioritize avoiding discomfort over focusing on what’s to be gained by doing something new, even if the change would result in a positive outcome. In this episode, I share how recognizing and confronting these fears can help you move forward in your own life with more confidence.

By the end of this episode, you’ll understand why making a big life change feels so difficult, but also how to shift your perspective to focus on what you stand to gain rather than what you might lose. I offer strategies for overcoming loss aversion and the sunk cost fallacy to help you make decisions that serve your highest good.

What you will learn in this episode:

🌟 The most common reflection people have after making a big life change.

🌟 Why loss aversion bias keeps you stuck in situations that no longer serve you.

🌟 How to recognize and overcome fear when it comes to making life-altering decisions.

🌟 The importance of focusing on the gains, not just the losses, when considering change.

🌟 How letting go of the status quo creates space for new, fulfilling opportunities.

🌟 Simple mindset shifts to help you start making changes in your life today.

The REAL Change Kickstart is a 45-day 1:1 coaching intensive designed to help you:

  • Identify the behaviors keeping you stuck
  • Unlearn what is no longer serving you
  • Create new patterns that align with what you truly want

Click here to get started.

Interested in longer-term support for making a significant change? You can apply to work with Meg here.

Want to learn more about the art, science, philosophy, and psychology of making significant life changes? Sign up HERE for my weekly newsletter and have the Changeology podcast delivered straight into your inbox!

Connect with Meg on--

LinkedIn

Instagram


Mark as Played

Advertise With Us

Popular Podcasts

Stuff You Should Know
My Favorite Murder with Karen Kilgariff and Georgia Hardstark

My Favorite Murder with Karen Kilgariff and Georgia Hardstark

My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.

The Joe Rogan Experience

The Joe Rogan Experience

The official podcast of comedian Joe Rogan.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.