
We have all come across something in our home we should really declutter, but the initial cost of the item is making it impossible to let go. This is called the sunk-cost fallacy – an attachment to an item because of what we spent in the past, even if we now hate the item.
The idea of ‘sunk costs’ is one of the biggest roadblocks many of us face when decluttering our homes, resulting in items piling up that we feel guilty over, or are trying to sell online and failing.