Posts Tagged ‘Cognitive bias’

Why financial planning is not common sense

And why that’s a good thing!

Mencken. Clear, simple and wrong. Paul Claireaux

Why financial planning is not common sense

And why that’s a good thing!

A 10 to 15-minute read – depending on your speed. Most of us look for common-sense answers to various questions in life. In this Insight, we’ll explore why that is often a bad idea, particularly when it comes to money. Common-sense answers to common and simple questions are helpful. But with complex questions (like making…

Seven ways to achieve more

Without working yourself into the ground

7 ways to achieve more. Paul Claireaux

Seven ways to achieve more

Without working yourself into the ground

Many of us want to achieve more of our big life goals, but the truth is that most goals are never achieved. And most New Year’s resolutions fail too! So, let’s look at why this is, and explore how you could achieve more of yours.

Is your mood being manipulated?

To get you spending *all* your money today?

Jenny Shoo

Is your mood being manipulated?

To get you spending *all* your money today?

In this extract from Chapter 1 of my book, ‘Who misleads YOU about money?’ we’ll learn how we’re tricked into spending all our money today. This matters because the result is our failure to save for our big, long term financial life goals – for ourselves and our loved ones.

Five reasons why we procrastinate

and how we can get ourselves unstuck

Voltaire. Perfect Enemy of Good. Paul Claireaux

Five reasons why we procrastinate

and how we can get ourselves unstuck

I’ve been meaning to write this Insight, on why we procrastinate, for some time. Sorry about that, but I couldn’t resist! Joking aside, we will look at the five reasons why, according to a world-leading (mental health) Doctor, we so often delay on our most important work, but first let’s explore a linked idea on…

Why confident people on the stage

might not be best qualified to be your sage

Who's that on the stage. Paul Claireaux

Why confident people on the stage

might not be best qualified to be your sage

If you’re interested in personal development, you’ve probably been to a few seminars and seen a few confident gurus, standing on a stage, selling their ideas. The question is, have you managed to work out which (if any) of these people (or more importantly, their ideas) are really worth following?

What’s your life story, and how has it affected your attitude to money?

This emotionally moving exercise will help you find out.

What's your life story?

What’s your life story, and how has it affected your attitude to money?

This emotionally moving exercise will help you find out.

This Insight is for you if you’re aged between 25 and 65, and striving to achieve more in your life, but feel that your attitude to money might be holding you back. Here you’ll learn a proven and powerful exercise to discover how your unique life story might have affected your attitude to money, and how…

How obedient are you to authority?

And how's that affecting your finances?

Road to riches. Paul Claireaux

How obedient are you to authority?

And how's that affecting your finances?

Perhaps it’s obvious that obedience to authority does not always serve us well, but the truth is that most people are very obedient. Most people will accept instructions to do crazy or even dangerous things; it’s simply part of our human condition.

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