LOOK : STOP : ASK

We've all been there when emotions get the better of us and we make a spontaneous decision to invest in something that in hindsight was not so great.

I've done this buying a sports car that I didn't need or want (twice), 14 multi-level marketing businesses, a timeshare (don't ever buy one of these), and properties in Myrtle Beach, South Carolina just before the 2007-2009 global economic crash caused by an obscure credit derivative known as CDOs.

There are 6 main reasons why we make bad decisions according to this Harvard Business Review article: decision fatigue, distraction, lack of input, multi-tasking, emotions, and analysis paralysis. 

So, when you are tempted by something you see or hear, and it's really expensive, just say STOP - who can I ASK for advice?

Then think of me, shoot over a quick email, or give me a call before you make an emotional buying decision. 

Plans go wrong for lack of advice; many advisers bring success (Psalm 15:22 NLT).