Today’s Word: emotional

October 11, 2018 =========

☆  emotional  感情的な


I think that one of the biggest barriers to becoming financially independent is the emotional feelings that come up when we are talking about money and trying to make financial decisions. In fact, some research has shown that people who feel that they are emotional thinkers tend to put off making decisions about money and things like saving for retirement.

Interestingly though, the research also found that those emotional people felt able to make lifestyle decisions quite easily. So, the researchers suggested that they should think about “a decision about your life in retirement” (an emotional lifestyle decision) instead of thinking about “a decision about financial investments for retirement.” (an unemotional decision, that makes emotional people feel nervous and stressed.)

Are you emotional when it comes to making financial decisions or when talking about money? What do you think about the idea of changing the question slightly to make it easier to decide? Would it work for you?