Learn more about problemsolving with this collection
How to handle conflicts
How to identify and regulate emotions
How to develop self-awareness
It happens when we rationalize our purchases, even if we're not satisfied with what we've got.
We're pretty good at convincing ourselves that those flashy, useless, badly thought-out purchases are necessary after all.
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It essentially works like this: rather than making a decision based on pure value for investment (time, money, etc.), we factor in comparative value—that is, how much value an option offers when compared to another option.
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We believe our memories more than facts. Our memories are highly fallible and plastic. And yet, we tend to subconsciously favor them over objective facts.
Don't base a factual decision on your gut instinct without at least exploring the data objectively first.
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It plays on this tendency of ours to emphasize loss over gain.
The term sunk cost refers to any cost that has been paid already and cannot be recovered. The reason we can't ignore the cost, even though it's already been paid, is that we're wired to feel loss far more strongly than g...
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It is a glitch in our thinking that occurs when we place too much weight on past events, believing that they will have an effect on future outcomes.
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This is when we mistakenly think that eventually, our luck has to change for the better.
Somehow, we find it impossible to accept bad results and give up—we often insist on keeping at it until we get positive results, regardless of what the odds of that happening actually are.
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We surround ourselves with it: We tend to like people who think like us; if we agree with someone's beliefs, we're more likely to be friends with them.
This makes sense, but it means that we subconsciously begin to ignore or dismiss anything that threatens our world views
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It's a thinking mistake and it occurs when we confuse selection factors with results.
Professional swimmers don't have perfect bodies because they train extensively. Rather, they are good swimmers because of their physiques.
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Other curated ideas on this topic:
We play mind games to convince ourselves that we are doing the right thing, even though we know its not the right thing.
When we don't feel like doing something that we know we must do, the mind is quick to rationalize a delay by 'giving you permission' to start a ...
What is Imposter Syndrome?
Have you ever felt that you're just not enough? Even when there are evidences that they are not, but have you ever felt that your successes, was rather luck?
The imposter phenomenon refers to feelings of inadequacy, feeling like a fraud, att...
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