Episode 38 — Are You Making Emotionally Charged Financial Decisions?
Sometimes our emotions get in the way of making good financial decisions.
In this episode, Danielle Howard talks about a time when she made an emotionally charged decision to buy an expensive product and quickly regretted it. This is a candid conversation about our human tendency to make imprudent decisions when under emotional duress and how to recover. Be encouraged to make financial decisions that leave you feeling confident and satisfied.
In this episode, you’ll learn:
- About the three Ps for making better financial decisions: ponder, process, and plan
- Why no one is immune to making ill-advised financial decisions
- Questions to ask yourself if you are prone to making emotional decisions
- How to use your past to educate yourself for the future
- Why Danielle is not recommending that you make financial decisions that are totally rational and logical
- And more!
Listen in and learn how to make better financial decisions when emotions are running high.
Thank you for listening to the Wealth Done Differently Retirement Podcast click the subscribe button below to be notified when new episodes become available. The information covered and posted represents the views and opinions of the guest and does not necessarily represent the views or opinions of Wealth by Design LLC. The content has been made available for informational and educational purposes only. The content is not intended to be a substitute for professional investing advice. Always seek the advice of your financial adviser or other qualified service provider with any questions you may have regarding your investment planning. Danielle Howard, Certified Financial Planner is an investment adviser representative of Cambridge Investment Research Advisors a registered investment adviser. Securities offered through Cambridge investment research Inc. A broker dealer member FINRA SIPC Cambridge and wealth by design LLC are not affiliated.