Sep 2
Ep. 602: Spend Your Money at Home Instead of Away, and Why You Should Delegate
Why you might consider spending your vacation money on a home experience that you’ll enjoy for years, and why delegating tasks is more important–and harder–than it may seem. Episode highlights: Try This at Home: Why you might "spend out" on your space, instead of on vacation, to ... Show More
36m 45s
We talk about how to avoid the mental trap of the “sunk-cost fallacy.” Plus, why it’s so hard to plan for emergencies and the biases that keep us from preparing for risk.
Episode highlights:
Try This at Home: Avoid the sunk-cost fallacy—the mental trap that keeps us committed because of the time, money, or energy we’ve already spent [04:57]
H ... Show More
