A link to the wikipedia entry for sunk cost for those who are unfamiliar
I am in the process of decluttering my home and otherwise streamlining my life to be more frugal and less acquisitive. One thing that I have a hard time dealing with are the feelings and guilt that have to do with sunk cost. For example, I have a pile of board games that I spent good money on but haven't played in years. They do not really have any resale value that is worth listing on eBay, and no private party buyers interested locally. Despite knowing all this, I just can't bring myself to donate the games to Goodwill or recycle them, all because of the stupid feelings surrounding sunk cost.
How do you cope with this?
July 10, 2018 at 06:46PM
