Behave Yourself – what do I mean by that? Have you ever made a financial decision and then looked back and thought WTF was I thinking? Why did I do that?! Well if so, join the club! The way we act can really impact our financial wellbeing, now and in the future. And the way we behave is often because of the way we think and feel at the time and the way we feel about finance more generally.
Tune in today to find out the common behavioural pitfalls and biases we face when it comes to making financial decisions and how these can damage our financial wellbeing; how this can in turn impact our mental wellbeing; and how this can go on to impact our decisions and behaviour again in a vicious cycle.
If we know how our thoughts and feelings can impact our behaviour, then we can develop healthier financial behaviours. This will help us secure our financial wellebing and ultimately our overall wellbeing.
So. Behave Yourself!!!