Budgets and Limits
The Sunk-Cost Trap in Plain Language
Money already lost is gone. The next bet has its own price, and the past loss is not a reason to pay it.
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5 posts tagged "budgets".
Money already lost is gone. The next bet has its own price, and the past loss is not a reason to pay it.
Cash leaves the hand in a way you can feel. An on-screen balance spends more quietly. The difference is visibility.
Five lines are enough: date, stake brought, stake added, time, and what you ended with. The story can wait.
A cap on one sitting and a cap on the week do different jobs. You need both, or the missing one expands.
Money for play and money for bills need a hard split. A loss should never be able to touch rent or food.