Leaving Your Heart Out Of Financial Decisions

Leaving Your Heart Out Of Financial Decisions
Photo: cdedbdme

Have you ever wondered why we sometimes rush into some financial decisions without properly thinking things through? Maybe you’re normally pretty careful with your money and then you just throw caution to the wind. Then once you finally stop to think about it, you start to regret that decision.

For some people, their love life follows a very similar course. They end up developing a very strong attraction to someone and pursue when they really should know better. Maybe she already has 6 kids from 6 different fathers. Maybe that person is already committed. Maybe they live 1000 miles away.

So what’s the deal? Are we just weak and unable to use our willpower? Maybe we are, but the reality of the situation is that we are letting our hearts impair our judgement. Or if you want to get all technical, it is our brain creating extra adrenaline, dopamine and serotonin. Plus critical parts of our brain actually get switched off temporarily once those chemicals get flowing.

With stuff like that going on in our brain, no wonder we can make such bad decisions in the heat of the moment. That being said, good luck explaining to your significant other that it was those chemicals at fault when you go and blow your whole paycheck or hook up with the office secretary. Those changes in the brain may effect our decision making, but ultimately we are still in control. Sorry, I bet that excuse was starting to sound pretty good, especially if you were to mention all those chemical names in a serious tone. Actually, give it a shot and report back how it went. Continue reading