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Radio Headspace

The Wisdom in Wasted Time

Radio Headspace

Headspace Studios

Mental Health, Health & Fitness

4.62.5K Ratings

🗓️ 8 August 2022

⏱️ 5 minutes

🧾️ Download transcript

Summary

Sometimes we stay in situations that no longer serve us, simply because we've already invested so much time. Dora explains how to see this "wasted time" as an opportunity to do better for ourselves moving forward. Dora Kamau holds a B.A. in Psychology and a B.S. in Psychiatric Nursing. She is a certified Mindfulness Meditation teacher and is working to complete her Mindfulness Based Stress Reduction Teacher training this fall. Before joining forces at Headspace, Dora worked as a psychiatric nurse in a women’s addictions facility and organized community events for BIPOC women in Vancouver, BC, Canada. Try the Headspace app free for 30 days here! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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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