Decision Making and Stress

Episode Notes

2020 has been a stressful year, and you certainly don't need us to list the reasons why. Today, however, Amy Walls from Thimbleberry Financial talks about how stress can affect decision making, as well as how to avoid that pitfall.

Here are 4 steps to making good decisions in stressful circumstance.

  1. Take space and Identify what’s important to you.
  2. Recognize and acknowledge what you don’t control and influence. Then move past.
  3. Focus on where you do have power...the things you control and influence.
  4. Reduce your decisions.

We break each of these steps down, including an example of how a significant change in Amy's daughter's virtual learning affected her, and how they dealt with it as a family.

All of these ideas are key when dealing with money.   Stress can cause you to make poor financial decisions, and that's why its important to work with a trusted professional on your finances.


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