Dr. Daniel Crosby: How our Psychology Impacts our Spending, Investing and Risk Taking Decisions
In The Trenches
Navigating Risks and Financial Awareness
This chapter explores the psychological barriers to pursuing dreams and the impact of fear of failure on decision-making. It emphasizes the importance of balancing persistence and knowing when to quit, while advocating for simplicity in financial choices and intentional spending to enhance happiness. Additionally, the discussion highlights how personal values and past experiences shape financial behaviors, advocating for self-awareness as a means to foster better financial decisions.
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