The Sunk Cost Fallacy And You

The Sunk Cost Fallacy And You

When holding on is more harmful than helpful, it's time to say goodbye.
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Like any Millennial with a phone and steady access to wifi, I spend a lot of time on the internet, and in my 19 years, I've read a lot of relationship advice blogs in an attempt to feel like I have my life together. One of these blogs is Captain Awkward. It was there that I discovered something called the "sunk cost fallacy."

Tell me if this sounds familiar.

You're looking to clean out your closet. In it, you find a shirt you haven't worn in ten months. Man, this is awful, you think, why did I buy this? But you remember that you dropped $30 on this shirt, and so you reluctantly put it back in your closet with empty promises to wear it sometime, knowing in your deepest heart that that shirt is never coming out of that closet again.

Or, the most common question on aforementioned relationship advice blogs, which, with little variation, goes a bit like this: "My boyfriend and I have been together for a long time, but he doesn't respect me. He never contributes to household maintenance/plays video games all day/leaves broken glass on the kitchen floor because cleaning is a societal expectation he disagrees with/has no redeeming qualities whatsoever, and I'm not happy in this relationship anymore. But we've been together so long and I love him. What can I do to fix myself so that he respects me?"

The answer is almost always "Sweetheart, you can't. This guy is an actual hornet's nest in human form. It's time to let go." Followed by many, many comments by the letter writer defending their significant other and insisting something can be done.

These are examples of the sunk cost fallacy. In economics, "sunk costs" refer to payments or investments which can never be recovered. Businesses try not to take sunk costs into account when considering the future of the business, because it's even more harmful, economically speaking, to continue sinking cash into something that's going to flop. But humans are actually biologically inclined to avoid losses at all costs, which creates situations like cluttered closets of clothes you'll never wear or, more seriously, domestic violence victims remaining with their abuser because they've already spent one or two or ten years of their lives with them and they don't want it to be "worthless."

Listen. We only have one life. The sunk cost is an attractive fallacy, but one that ultimately traps us in routines we hate because we fear that we've "wasted" our time. There's a reason why "better late than never" is such a ubiquitous saying. Why fight to be happy later when you can be happy now: namely, by dropping the sunk cost fallacy and changing your life tomorrow, or today?

I'm not advocating wastefulness here, but mindfulness of what will make you happy in the long run. Are you hesitating to change your college degree, even though you hate it because you already sunk a year into it? Go to the guidance office tomorrow and see what sort of options you have anyway. Your two-year relationship is making you unhappy and multiple attempts to work it out have failed? Get out of there and find some new opportunities for love. Do you have a shirt in the closet you've been dying to get rid of for the last six months? Make some room for that rockin' new sundress, girl! Goodwill all the way.

There are things in life worth fighting for, but there comes a time where hanging onto the old is getting in the way of our own future happiness. Beat the sunk cost fallacy, and learn how to say goodbye.

Cover Image Credit: Wikimedia Commons

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44 Lyrics For When You Need An Instagram Caption

Your caption is just as important as the filter.
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Choosing the caption for your Instagram can be almost as challenging as deciding on a filter. So, if you’re ready to post that Insta, but don’t know what to say, here are 44 lyrics for when you need an Instagram caption.

1. “Be young, be dope, be proud.” - Lana Del Rey, "American"

2. “I can’t really see another squad tryna cross us.” - Drake, "No Tellin’"

3. “Darling I’m a nightmare dressed like a daydream.” - Taylor Swift, "Blank Space"

4. “I’m throwin' shade like it’s sunny.” - Nicki Minaj, "Want Some More"

5. “I’m gonna live like tomorrow doesn't exist.” - Sia, "Chandelier"

6. “Find me where the wild things are.” - Alessia Cara, "Wild Things"

7. “If I was you, I'd wanna be me too.” - Meghan Trainor, "Me Too"

8. “Sweet like candy to my soul, sweet you rock and sweet you roll.” - Dave Matthews Band, "Crash Into Me"

9. “I swear this life is like the sweetest thing I’ve ever known.” - Drake, "Over"

10. “I hope you never lose your sense of wonder.” - Lee Ann Womack, "I Hope You Dance"

11. “But if you close your eyes, does it almost feel like nothing’s changed at all? - Bastille, "Pompeii"

12. “You may say I’m a dreamer, but I’m not the only one.” - John Lennon, "Imagine"

13. “You can’t choose what stays and what fades away.” - Florence + The Machine, "No Light, No Light"

14. “She acts like summer and walks like rain.” - Train, "Drops of Jupiter

15. “She’s a good girl, loves her mama. Loves Jesus, and America too.” - Tom Petty and the Heartbreakers, "Free Fallin’"

16. “Lights will guide you home, and ignite your bones.” - Coldplay, "Fix You"

17. “Say you’ll remember me.” - Taylor Swift, "Wildest Dreams"

18. I’ve got thick skin and an elastic heart.” - Sia, "Elastic Heart"

19. “Give me the beat boys and free my soul.” - Uncle Kracker, "Drift Away"

20. “One of these days the clocks will stop, and time won’t mean a thing.” - Foo Fighters, "These Days"

21. “Sunshine mixed with a little hurricane.” - Brad Paisley, Perfect Storm

22. “You are the piece of me I wish I didn’t need.” Zedd feat. The Foxes, "Clarity"

23. “Her mind is Tiffany twisted, she’s got the Mercedes bends.” - The Eagles, "Hotel California"

24. “Life imitates art.” - Lana Del Rey, "Gods And Monsters"

25. “Nobody said it was easy, no one said it would be this hard.” - Coldplay, "The Scientist"

26. “You’re gonna keep my soul, it was yours to have long ago.” - State Radio, "Keepsake"

27. “Celebrate we will ‘cause life is short but sweet for certain.” - Dave Matthews Band, "Two Step"

28. “It’s always darkest before the dawn.” - Florence + The Machine, "Shake it Out"

29. “There are many things I’d like to say to you but I don’t know how.” - Oasis, "Wonderwall"

30. “You say you want a revolution, well you know we all wanna change the world.” - The Beatles, "Revolution"

31. “God is great, beer is good, and people are crazy.” Billy Currington, "People Are Crazy"

32. “Well my heart is gold, and my hands are cold.” - Halsey, "Gasoline"

33. “I don’t want to be heard, I want to be listened to.” - Twenty One Pilots, "Forest"

34. “Where you invest your love, you invest your life.” - Mumford and Sons, "Awake My Soul"

35. “I think I need a sunrise, I’m tired of the sunset.” - Augustana, "Boston"

36. “All of these lines across my face tell you the story of who I am.” - Brandi Carlile, "The Story"

37. ‘Ready or not, here I come. Where you at? The night is young.” - Bridgit Mendler, "Ready or Not"

38. “In the land of Gods and Monsters, I was an angel.” - Lana Del Rey, "Gods And Monsters"

39. “Turns out not where, but who you’re with that really matters.” - Dave Matthews Band, "Best Of What’s Around"

40. “Know yourself, know your worth.” - Drake, "0 to 100"

41. “I’m little but I’m coming for the crown.” - Lorde, "Still Sane"

42. “Didn’t they tell you I was a savage?” - Rihanna, "Needed Me"

43. “Hands in the air like we don’t care.” - Miley Cyrus, "We Can’t Stop"

44. “I’ma keep running because a winner don’t quit on themselves.” - Beyonce, "Freedom"

Cover Image Credit: https://pixabay.com

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I'm 22 And I Still Don't Have My Driver's License, But It Doesn't Bother Me

Although sometimes it's inconvenient not to have one, it's not a major concern to me.

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When you turn 16, the one thing you can't wait to do is get your license so you can finally have your first taste of freedom and no longer need your parents to drive you around anywhere.

When I was 16, I had no intentions of getting my license because I had no interest in driving.

I'm 22 now and I still don't have my license. Although sometimes it's inconvenient not to have one, it's not a major concern to me.

Before you ask yourself why I still don't have it, you should know that me not having my license is not entirely a personal decision.

It's part me not trusting myself and part having a disability.

I have cerebral palsy, and if you don't know what that is, it's a disorder of the cerebellum that affects things such as balance, coordination, muscle movements and reaction times.

Having a fast reaction time and strong leg muscles are something that you need in order to drive a car. You've always got to watch for that one crazy driver who blows through the red light and constantly press down on the pedal, because how else would the car move?

Don't get me wrong. I do have my permit. I got it shortly after my eighteenth birthday and taking the test four, yes, four, times. I've been behind the wheel a few times on residential streets in my town, so I know the basics of driving a car, but it's hard for me.

I use my left foot to control both the gas and the break because the cerebral palsy is in the right half of my body. This is unfortunate for me because you need your right foot to drive. I'm not sure how I learned, but I found that using my left foot is a lot easier for me.

But, I learned pretty quickly that you can't do that when taking the actual driving test.

I haven't been behind the wheel of a car in quite a while because, truthfully, I've been busy. When I'm not at work, I'm at school, when I'm not at school, I'm at work.

I'm at school sometimes more than 12 hours a day because of homework and my internship and I work on the weekends at the same place my dad works at, so we ride together.

My mom drops me off at school in the morning before she goes to work and picks me up in the evening and my friends drive to all the concerts we attend.

I don't make that much at work, and my internship is paid but I don't get a lot from there, and I have student loans, a credit card and medical bills and my credit isn't that great yet, so I don't really have any money to buy a car.

Why have a license if I don't have the funds to purchase a car at the moment?

Sure, if I absolutely need a ride somewhere and my parents aren't home, it's a little difficult finding one if all my friends are busy, but that's about the only trouble it gives me.

I'm pretty much a homebody and I only have a few close friends that I enjoy hanging out with, and during the school year, I'm hardly ever home during the day anyway.

It gets a little annoying when my friends, family, co-workers and sometimes professors ask me when I'm going to get my license, but I try to explain it in the nicest way possible.

Without using my disability as the primary excuse, I let them know that I'm just not ready to drive nor do I have any way to purchase a car.

Maybe in the future, when I'm out of school and I have my finances under control, I will work on getting a car AND THEN my license.

I am aware and fully understand that the day will come when my parents won't be here to give me a ride anymore, but everyone else needs to understand that driving is a personal decision and not everyone is ready to do so at the age of 16.

And that's perfectly okay.

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