Tag Archive for 'Psychology'

Sunk Cost Bias: How It Hinders Your Life and 4 Ways to Overcome It

Sunk Cost Bias

The sunk cost bias is a thinking trap that not only slows down personal improvement efforts, but one which can make people literally waste their whole lives on — something I’ve seen happening with disturbing regularity. The good news is that, like most thinking traps, the biggest step you can take to overcome it is by simply becoming aware of it.

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How to Develop Your Visualization Skill

How to Develop Your Visualization Skill

This is an article by guest writer Albert Foong of UrbanMonk.Net.

Think about this: everything we do begin as a thought. Every action, every word, every human creation exists first in our imagination.

The ability to see things before they actually happen is what enables us to pursue our dreams and ultimately achieve them. In fact, the better we visualize the future we want, the better our chances to make it happen.

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Beat Procrastination by Getting Rid of Your ‘Have To’s

Beat Procrastination by Getting Rid of Your 'Have To's

Procrastination is probably the single biggest success killer out there, as it affects everyone to some degree or another.

At first sight, it may seem something simple to get rid of, but telling a chronic procrastinator to just get on with it is like telling a heavy smoker to just stop: it just doesn’t work that way.

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