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How do your emotions affect your financial decisions?
Manage episode 354081419 series 3443482
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Do you ever wonder how your emotions impact your financial decisions? Or if being happy can actually make you money. Studies show that 80-90% of all decisions are made emotionally and without emotions we may never be able to make decisions at all. But are there some emotions that leave us worse off financially versus others? Tune in to find out!
'Ultimatum Games' study on how anger and disgust impact our decisions
How we need emotions to make any decision
Difference between a 'maximizer' and a 'satisficer'
Study on happier people making more money in the longer term
Name your emotion and practice the 5 Why's to get to the root cause
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