10 Ways to Improve Your Financial Decision-Making

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10 Ways to Improve Your Financial Decision-Making

1

Maintain a Holistic Financial Plan

2

Slow Down, Give Yourself Time to Be Rational

3

Be Wary of Your Emotions

4

Trust Algorithms

5

Make Financial Decisions as Part of a System of Choices

6

Think Through Various Possible Outcomes

7

Consider How Regret Influences Decisions

8

Make Sure You Are Asking the Right Questions

9

Get Input From Trusted Advisers

10

Don’t Over-Index on Short-Term Benefits