LIFE TRAPS THAT MOST PEOPLE WILL FALL INTO
Added on: 1st Aug 2016
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.
PRESSING SPACE BAR TO PAUSE A YOUTUBE
VIDEO AND SCROLLING HALF WAY DOWN THE PAGE
TRY “K” INSTEAD.
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
There are plenty of people that make an excellent living
without any degree.
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?
Boop!
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
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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