How do your emotions affect your financial decisions?

Make it Shine Money by Make It Shine

Episode notes

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!

  1. 'Ultimatum Games' study on how anger and disgust impact our decisions

  2. How we need emotions to make any decision

  3. Difference between a 'maximizer' and a 'satisficer'

  4. Study on happier people making more money in the longer term

  5. Name your emotion and practice the 5 Why's to get to the root cause

Keywords
emotionspanic sellingdecisionshappy