Everyone makes mistakes or suffers from bad luck from time to time. But too often, people dig their heels when the tide is shifting against them, rather than getting back on course — especially when ...

What happens when an entrepreneur realizes their project isn't delivering? It can create a crossroad between perseverance and prudence—the point where passion meets pragmatism. The resulting decision ...

It was a Words with Friends chat that first gave Megan Phelps-Roper pause. People have a marked tendency to cling to past investments, whether financial, social, or emotional—even when it becomes ...

My family growing up did not go out to eat much at all. Maybe twice per year. When we did, it was to a cafeteria, a thrilling place for a kid. The food line starts with the salads, moves to the ...

Sunk costs refer to expenses that have already been incurred and cannot be recovered. In instances where sunk costs continue to influence either personal or business decisions (or both), investors may ...

The IPL mega auction highlights how emotions can cloud decision-making for franchise owners. These psychological traps mirror investors’ behaviours in stock markets, where past spending often skews ...

As some Republicans express buyer's remorse about Donald Trump's selection of J.D. Vance as the “worst choice” for vice president and Joe Biden ditches his stubbornness about staying in the 2024 ...

Many people in long-term relationships have used the same phrase to quiet thoughts of leaving: But it’s already been so long! If I leave now, all of that time and effort will go to waste. As it turns ...

In a recent episode of the television show "Better Call Saul," the titular lawyer who has scrambled and struggled to earn a living decides to call it quits with the law right after being offered the ...