Even leaders are human. We experience emotions just like everybody else. But it’s particularly important to keep a close check on our mental state when we’re making key decisions on financial matters, writes Peter Daisyme for Entrepreneur.
Feeling angry, frustrated, worried, disappointed or irritated – whether professionally or personally – has an effect on your thoughts and deeds. Sometimes those emotions can lead to positive action, but this is rarely the case with financial choices.
“If you let your emotions control financial decision making, you will lose out almost every time,” says Daisyme.