Letting Go: Breaking Free from the Sunk Cost Fallacy

In this episode of Lifeing: Coast to Coast, the team unpacks the sunk cost fallacy—the tendency to stick with investments, relationships, and life paths simply because of past effort. Moderator Miki opens up about her personal journey with relationships and the decision not to have children, illustrating how past choices can shape future decisions. Heidi and Dr. Lovey provide insights from careers, education, and relationships, exploring the emotional and societal pressures that make letting go so difficult.

The hosts discuss the fine line between persistence and knowing when to walk away, emphasizing personal values as a guide. They share their core values—such as inner harmony, spirituality, love, and beauty—and how prioritizing these over external expectations leads to true fulfillment. The episode wraps up with practical strategies for overcoming the sunk cost fallacy, including cost-benefit analysis and self-honesty, urging listeners to prioritize their own truth over past investments or societal pressures.

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