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As humans, we have experiences (both good and bad) that form who we are and the perspectives that we will carry through the rest of our lives. These experiences can be relationships, tragic events, people that we meet, etc. Once our opinions are formed, it can be hard to change them, even when we are given new evidence. However, there are times when this can hinder our lives. So, in this episode, I am going to explain how to avoid letting financial dogmas lead to your downfall.
Letting your emotions guide your decisions, or not accounting for risks due to preconceived ideas, can lead to harmful financial decisions. Listen in to learn the importance of critically examining your opinions and the data available, as well as how to deconstruct your thoughts on how the world works to ensure you don’t hold yourself back.
What You’ll Learn In Today’s Episode:
- How life experiences can shape your opinions.
- The importance of being open-minded towards other people’s opinions.
- Why you shouldn’t base your decisions on your emotions.
- Why evaluating your risks with every financial decision you make is key.
Ideas Worth Sharing:
Resources In Today’s Episode:
- The Psychology of Money by Morgan Housel
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