Sunk costs- letting go of the past

In a previous post, I explained one of my favourite concepts in economics- diminishing marginal utility. Today I want to go over another concept I like from the world of economics, sunk costs. What does sunk cost mean? In simple terms, a sunk cost is “a cost that has already […]

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Lazy FI Dad goes on the FIUK podcast

The FIUK podcast This week the format will be a bit different, instead of reading- let’s try audio. I was asked to be a guest on the FIUK podcast in the comments section of the post about the ISA fees and I said yes. A couple of months later, here’s […]

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