Deprecated: Hook jetpack_pre_connection_prompt_helpers is deprecated since version jetpack-13.2.0 with no alternative available. in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php on line 6078 Warning: Cannot modify header information - headers already sent by (output started at /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/functions.php:6078) in /hermes/bosnacweb04/bosnacweb04ay/b1602/nf.whysel/public_html/decisionfish.com/wp-includes/feed-rss2.php on line 8 risk Archives – Decision Fish: Decide For Yourself https://www.decisionfish.com/tag/risk/ Decision Fish: Decide For Yourself Mon, 01 Aug 2022 21:17:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://i0.wp.com/www.decisionfish.com/wp-content/uploads/2016/02/cropped-squircle-df-vr-page-001-2-1.jpg?fit=32%2C32&ssl=1 risk Archives – Decision Fish: Decide For Yourself https://www.decisionfish.com/tag/risk/ 32 32 100758046 11 Ways To Fatten Your Wallet With A Little Psychology https://www.decisionfish.com/11-ways-to-fatten-your-wallet-with-a-little-psychology/?utm_source=rss&utm_medium=rss&utm_campaign=11-ways-to-fatten-your-wallet-with-a-little-psychology Tue, 26 Mar 2019 15:40:05 +0000 http://www.decisionfish.com/?p=4374 I never could have imagined how important managing emotion, cognitive biases and behavioral hurdles is to saving enough, spending wisely and managing financial risks. For about a year, I informally coached a woman (we’ll call her “Leigh”) in her late twenties who wanted to eliminate the $5,000 of expensive credit card debt she was rolling over each month, ... Read more

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The Surprising Power of Honest Ignorance https://www.decisionfish.com/the-surprising-power-of-honest-ignorance/?utm_source=rss&utm_medium=rss&utm_campaign=the-surprising-power-of-honest-ignorance Tue, 29 Dec 2015 01:09:54 +0000 http://decisionfish.com/?p=377 Decision-making is hard because there is a fundamental and unavoidable ignorance about the future. We are especially uncomfortable about outcomes produced by processes that we don’t understand well. We’re much more comfortable with risks that we can quantify, model and forecast. This is called “ambiguity aversion“. We are so uncomfortable with the former (uncertainties) that ... Read more

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