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Episode 021: Fear, Freedom, and Financial Decision-Making with Morgan Housel
The Decision Education Podcast
The Biggest Risks to Your Personal Finances
The biggest risk is always what nobody sees coming. If you are only saving money for the events that you can foresee, ten times out of ten, you're going to miss the surprise. i think a lot of people and businesses get caught off guard or go bankrupt,. It's not that they were reckless. A lot of em spent a ton of time planning for the future, but the only plan for the event that didn't make sense often does the most damage.
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