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How to Make Smart Financial Decisions

ow to make financia decisions blog post image

3 things to keep in mind when making financial decisions, so you can enjoy life more, now and later.

We discussed financial decisions on The BIGG Success Show today. Here’s a summary of that discussion.

George Krueger (aka “The Professor”) was quoted in an excellent article on U.S. News and World Report about opportunity costs, by Geoff Williams.

What does “opportunity cost” mean? You can think about it this way: When you purchase one item, it means you can’t purchase another one. In other words – because you only have a set amount of money at a certain point in time – there are tradeoffs. You can’t have everything. You have to make choices. You have to prioritize.

Want to hear what Mary-Lynn’s tradeoff is? Listen to the show by clicking the PLAY button above.

Here are three things to keep in mind when making financial decisions:

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