The Wisdom in Wasted Time
Radio Headspace
Headspace Studios
4.6 • 2.5K Ratings
🗓️ 8 August 2022
⏱️ 5 minutes
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| 0:00.0 | Happy Monday, my good people! |
| 0:16.1 | Welcome back to another episode of Radio Headspace. |
| 0:19.6 | I'm your host, Dora Kamau. |
| 0:22.2 | Okay, have you ever invested so much time into something or someone? |
| 0:28.4 | And because of how much time you invested, you still stay committed to the cause. |
| 0:33.6 | Even when it no longer served you or was no longer in your best interest? |
| 0:39.0 | Maybe it's a job or a friendship or even a personal project you decided to take on that |
| 0:44.1 | turned out to be way more work than you thought without a lot of payoff. |
| 0:50.5 | This my friend is called the Sunking Cost Fallacy. |
| 0:53.9 | Usually we have a tough time moving away from these situations because we're looking |
| 0:58.2 | back at what we've invested. |
| 1:00.8 | We get caught up in the past and we think about all the time that we've spent and the |
| 1:04.7 | energy we've put into this thing. |
| 1:07.3 | And we aren't aware of the present moment. |
| 1:10.7 | Mindfulness can give us the tools to gain that present moment perspective and help us recognize |
| 1:16.1 | what the current circumstances are showing us. |
| 1:19.1 | That is time to move on. |
| 1:21.1 | And it's time to let up. |
| 1:23.9 | So what other factors trap us in the Sunking Cost Fallacy? |
| 1:28.4 | Research shows that when we make a decision, at times they can be from an emotional place. |
| 1:33.9 | And if you've been meditating for a while, you know that just like clouds in the sky, |
| 1:38.6 | emotions are a temporary and transient, which may not be the best foundation to decide |
... |
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