Episode 93: Starting Down the Right Path in 2023 by Understanding How Bias Can Influence Risk.Episode 93: Starting Down the Right Path in 2023 by Understanding How Bias Can Influence Risk.
Financial Sobriety
Ready for 2023? Want to get yourself started in …
30:25•9 Feb 2023
Kickstart 2023: Mastering Bias and Risk for Financial Success
“Be willing to be honest with yourself- oh yeah, be open-minded that perhaps there is other information out there that might challenge every belief you've ever had, and be willing to do something different in that, my friend, is how we get started on the right path.”
Are you ready to make 2023 your best financial year yet? Matthew Grishman and Jim Gebhardt are here to help you get started on the right foot. In this episode of 'Financial Sobriety', they wrap up their discussion on bias and take it a step further by showing how it impacts your approach to risk. Let's face it, taking risks at the wrong time can be disastrous. That's why understanding how bias sneaks into your decision-making is crucial.
Matthew and Jim share their personal stories and practical tips to help you become more intentional with your money. They dive into the importance of knowing your risk tolerance, challenging your beliefs, and making informed investment choices. With a mix of humor and heartfelt advice, the hosts emphasize the need for openness, honesty, and a willingness to try something new.
Whether you're looking to break free from financial stress or just want to start the year strong, this episode offers valuable insights to guide you on your journey to financial sobriety.
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