Ever found yourself endlessly scrolling through options, unable to make a choice? You might be falling into the trap of FOBO: Fear of Better Options. It’s a psychological phenomenon where someone avoids making a decision out of the fear that there may be a better option out there. How can we identify it and work with it and make better decisions and actually get to the decision point? That’s what we want to discuss with Scott today.
Here are some of the questions we’ll tackle in this episode:
- What is FOBO and how long has this behavior been around?
- People can be divided into two groups when it comes to decision-making: maximizer or satisficers.
- Commitment is the key when making financial and lifestyle decisions.
Want to connect with us?
https://listentoscott.com/
https://elevatemyretirement.com/our-team/scott-m-dougan/
913-393-4724
Version: 20240731
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