Yusra3
VIP Contributor
I'm pretty confident in my financial decisions. I'm not a planner, but I'm a believer in the power of compound interest and making smart choices. I've always been able to look at my finances as an investment, and I see no reason why that approach should change now.
But there is one thing that stands between me and my goal of having more control over my money: indecisiveness.
Indecisiveness makes it hard for me to make any kind of long-term plan about anything, including how much money I should put into savings or investments. It's like a constant tug-of-war between the voice inside my head saying "You need to save more," and another voice saying "But then what?"
I used to think that indecision was just part of being human but then I realized that there are ways you can fight back against this problem! Here are some tips on how to avoid making bad financial decisions due to indecisiveness:
1) Talk things out with a trusted friend or family member who has experience managing their own finances. they might be able to help you figure out what's holding you back from making good decisions about your spending habits.
2) Make a list of things you want to buy, including the price range. This will help you narrow down your choices and make sure you don't spend more than what's reasonable.
3) Set a budget for all of your purchases. this will also help keep you from overspending!
4) If you're still unsure about what to do, ask yourself if this purchase has any other benefits or uses other than just having it in your possession (such as saving money).
But there is one thing that stands between me and my goal of having more control over my money: indecisiveness.
Indecisiveness makes it hard for me to make any kind of long-term plan about anything, including how much money I should put into savings or investments. It's like a constant tug-of-war between the voice inside my head saying "You need to save more," and another voice saying "But then what?"
I used to think that indecision was just part of being human but then I realized that there are ways you can fight back against this problem! Here are some tips on how to avoid making bad financial decisions due to indecisiveness:
1) Talk things out with a trusted friend or family member who has experience managing their own finances. they might be able to help you figure out what's holding you back from making good decisions about your spending habits.
2) Make a list of things you want to buy, including the price range. This will help you narrow down your choices and make sure you don't spend more than what's reasonable.
3) Set a budget for all of your purchases. this will also help keep you from overspending!
4) If you're still unsure about what to do, ask yourself if this purchase has any other benefits or uses other than just having it in your possession (such as saving money).
