Sunk Costs

I’ve been thinking about sunk costs lately.

A sunk cost is a cost that has already been incurred and thus cannot be recovered. Sunk costs are excluded from future decisions, because the cost will be the same regardless of the outcome of a decision. (Investopedia.com)

For all intents and purposes, sunk costs are irrelevant to decision-making. This is a concept I’ve grasped fully. Intellectually, at least.

Yet I have made more than a few decisions based on the sunk costs of my life.

He did this to me then, so I’ll do this to him now.

Emotional logic. #paradox

*Rae

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12 thoughts on “Sunk Costs

  1. And now to finish those thoughts 😉 I’ve spent so much of my life worrying and stressing about sunk costs, things I’ve done/said…or didn’t. Missed opportunity, opportunities taken and botched – it makes me feel like such a wasted life, hah…

    But you’re right, it’s sunk. We can’t go back, we can’t change what’s already happened. We can only choose how to invest in the time we have left to respond to it. So here’s to good investments (:

    Liked by 3 people

  2. I wish you luck! I tell myself everyday ima focus on the future and the good but somehow end up dwelling on what I know is useless to dwell on. So here’s to good intentions (:

    Liked by 2 people

  3. controversialchristian1 says:

    Join the club, Carson! I’m nearly fifty and have spent many years worrying about things I’ve said and done. They have emotionally crippled me for a long time. Then I realized I’m not a murderer or gangster or drug dealer, and also that Jesus is the perfect source for healing and forgiveness for things such as this..

    Liked by 1 person

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