THINK about the following situations. In the first scenario, you purchased a couple=spa package for P6,000 as a romantic gift for you and your spouse’s wedding anniversary next week. You called the ...
Five years ago, a friend of mine spent thousands of dollars to buy a few baseball cards of a young player he was sure would be a star. He financed the purchases with credit cards. Chances are you’ve ...
A neighbor and I were commiserating over a 6-foot distance about our recent losses. He said his retirement portfolio was way down, but “it’s not a loss until you cash it out.” This is a common mistake ...
To the editor: Blame the advisors. When the great leader disappoints, always blame the advisors (“Why MAGA’s ideologues can’t always get what they want,” July 29). After Mao Zedong died, his failings ...
A Reflection for Tuesday of the Third Week of Advent Which of the two did his father’s will? Find today’s readings here. The sunk cost fallacy is a theory that posits that we keep going down a path ...
False hope can keep people attached to careers and goals that no longer align with reality. This article explores the ...