Confidence in financial decisions comes from selfunderstanding from "summary" of The Geometry of Wealth by Brian Portnoy
Confidence in financial decisions is a fragile thing. At its core, it stems from self-understanding. This may sound straightforward, but it's actually quite complex. Self-understanding involves a deep dive into our own attitudes, beliefs, and values. It requires us to confront our fears, biases, and blind spots. This introspection can be uncomfortable, even painful at times. But it's essential for building a foundation of confidence in our financial decisions. When we truly understand ourselves, we can make decisions that align with our values and goals. This alignment provides a sense of purpose and direction that can guide us through turbulent times. It helps us stay focused on what truly matters to us,...
Similar Posts
Consider the company's management team
When looking for potential investments, it's crucial to pay close attention to the individuals running the show at the companie...
Money is a means, not an end
Money is a tool that can help us achieve our goals and live the life we desire. It is a means to an end, rather than the end go...
Set clear financial goals
To make progress with your finances, it is crucial to establish very clear goals. When you have a clear target in mind, you are...
People tend to ignore the role of luck in their achievements
Many individuals fail to recognize the significant role that luck plays in their accomplishments. They attribute their success ...
Don't let fear guide your financial decisions
When it comes to making financial decisions, fear can be a powerful force. It can cloud your judgment, causing you to make choi...
Avoid getrich-quick schemes
Get-rich-quick schemes promise fast and easy money with little effort or risk. They often prey on people's desire for quick wea...
Be open to new ideas and remain flexible in your approach
When it comes to investing, the key is to be open to new ideas and remain flexible in your approach. This means being willing t...
Plan for the long term
Planning for the long term is a key concept that sets apart successful individuals from those who struggle financially. It invo...
Money is essential for modern economies
Money plays a critical role in modern economies, acting as a medium of exchange that facilitates transactions between buyers an...
Invest wisely to make your money work for you
Investing wisely is crucial if you want to achieve financial success. It's about making your money work for you, rather than ju...