Sunk costs
One of the most valuable lessons I learned in my MBA program was the concept of sunk costs.
Once it's spent, it's gone.
Whether it's $100 or $10,000, if you can't get it back, there's no point dwelling on it. But most hold onto past losses, unable to let go.
It's gone. Let it go.
Once it's spent, it's gone.
Whether it's $100 or $10,000, if you can't get it back, there's no point dwelling on it. But most hold onto past losses, unable to let go.
It's gone. Let it go.