
Ask Paula: Should I Stay At My Job For the 401k?
Afford Anything
00:00
Semantics
We often overestimate sunk cost. We overestimate how much money we've invested in this thing. And so we stick with it because of the fact we have the money sunk in it. I own a very small amount of money in a really crappy insurance company called Lemonade. They had a ton of debt, but I bought the crap anyway. There is no sign except my own brain that this might come up tomorrow.
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