In these crazy times of volatile stock prices, low interest and changing economics, making financial decisions is not easy.
Key traits to look for include the following: overwhelm, distraction, risk-taking, optimism and overconfidence can all provide their own unique problems when it comes to making financial decisions.
More of our loved ones would be tricked into making bad financial decisions.
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Your credit health becomes important when making major financial decisions together, such as living together or jointly taking out a loan.
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Overconfidence in the past has been associated with making poor financial decisions.
Making major financial decisions without input from the requesting spouse (Wife, in our example) could be an example of both abuse and financial control by the nonrequesting spouse.
Some well-intentioned friends or family will tell you to avoid making any financial decisions for some time, such as working with new financial professionals or buying investment products.
At the time, this was the hardest concept to apply since I was single and very independent, making all my financial decisions on my own.
Would you, then, consider taking less credit for your successes and failures, instead applying that labor to the work of simply making better (financial) decisions?
Always obtain independent advice from a qualified, registered financial advisor before making any investment decisions.
Consult with your financial advisor before making any investment decisions.
We have some experience with making tough decisions in the face of financial and economic instability.
It deserves a look to consider how we make financial decisions so we are making them for the right reasons.
It did not do wonders for anybody's political standing, because people's general attitude is, you know what, if the financial sector is behaving recklessly or not making good decisions, other folks shouldn't have to suffer for it.
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When people truly understand the reason why things cost what they do and how a seemingly minor thing, such as gas prices, can affect every facet of their lives, they can begin making decisions that will contribute to the overall financial health of the nation.
The complexities associated with the management of organizations whose activities take place in multiple and different countries, separated by geographic distance and time, increase the difficulties of observing and making sense of non-financial consequences of finance-related decisions, as well as of the impact of financial decisions on strategic moves.
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You could be sabotaging your financial goals by making a couple of common tax-related decisions that seemed right at the time, but could come back to haunt you later.
That is the approach he took in finding his new chief financial officer, Frank D'Amelio, who had experience making very difficult decisions about job cuts at Lucent Technologies.
"If as a small child Michael Jackson was involved in making business decisions and had to have the burdens in some ways of the financial responsibility for the family, then it can turn around who's the caretaker and who's being taken care of, " Aferiat said.
Like most decisions made out of financial panic, all of these are recipes for making a bad situation signficantly worse.
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But the financial community has come to have confidence in him: his track record for making the right decisions is hard to argue with.
When great wealth is generated instead by making smart buy and sell decisions in the markets, it smacks of inside knowledge, arcane financial instruments, opportunities that aren't accessible to ordinary people, and hocus-pocus.
It is also the case that we have a certain amount of experience in making the hard decisions and mustering the political will to take the actions necessary to save our financial system and, in fact, the global financial system, which is what happened in 2008 and 2009.
The banker's philosophy about making credit decisions was to use the concepts of asset enhancement and liabilities reduction as a framework for looking at financial structure and power.
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