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LIFE TRAPS THAT MOST PEOPLE WILL FALL INTO

Added on: 18th May 2016

 

GAMBLER'S FALLACY

Gambler's fallacy

This is the idea that if something happens a lot (you flip heads

50 times in a row), then the other option is more likely to

happen (you will start flipping tails more). This superstitious

belief comes from the idea that the universe must balance out

somehow. It’s caused a lot pain to people’s wallets in Las Vegas.

 

 

PRESSING SPACE BAR TO PAUSE A YOUTUBE VIDEO

AND SCROLLING HALF WAY DOWN THE PAGE

Pressing space bar to pause a youtube video and scrolling half way down the page

Try “K” instead.

 

 

MAKING EYE CONTACT WITH KIOSK WORKERS

AT THE MALL

Making eye contact with kiosk workers at the mall

You’ll never get that 5 minutes back.

 

 

THINKING YOU'RE NOT AFFECTED BY MARKETING

Thinking you're not affected by marketing

Marketing isn’t just advertising. It’s sneaky in ways you would never

have expected. Even the very floor you are standing on in some

stores can be designed to subconsciously influence your

comfort, perception, and movement.

 

 

THINKING YOU HAVE TO GO TO COLLEGE

Thinking you have to go to college

There are plenty of people that make an excellent living

without a degree.

 

 

LIFESTYLE INFLATION

Lifestyle inflation

As we make more money, we spend more money.

Unfortunately this leads many people to maintain a pay check to

pay check lifestyle. An alternative, especially for those of you 

living in high income economies: saving and then investing

to achieve financial freedom.

 

 

WHAT'S THAT ON YOUR SHIRT?

What's that on your shirt?

Boop!

 

 

RUNNING OUT OF TOILET PAPER

Running out of toilet paper

There are two types of people in the world…those who have

experienced this, and those who will.

 

 

SUNK COST FALLACY

Sunk cost fallacy

This is the idea that simply because people have already invested

in something they will actually invest more in spite of the fact

that their initial investment is a dud.

 


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