Great Read Roundup: Guidance for Great Decisions
An ongoing feature in Tuesday Tactics is our “Great Read Roundup” in which we highlight some of the best pieces we’ve read recently and why they might expand your mind or help with your real estate career.
60 Simple Rules of Personal Finance
(8 minute read)
Why it matters: There are a number of things you can do to become financially responsible, such as having an emergency fund for unexpected expenses. While that’s common sense, there are some other personal rules that will help keep you on a strong financial footing.
16 cognitive biases that can kill your decision making
(10 minute read)
Why it matters: A cognitive bias, according to Wikipedia refers to “a systematic deviation from rationality whereby our judgment of other people and situations are drawn from an illogical line of thinking”. What this means is that we often make our decisions based on emotions rather than logic. And this can lead us to make very bad decisions that could be detrimental to our quality of life. Buyers and sellers are chronically impacted by all sorts of biases, but it can be extremely hard to understand those biases in the heat of the moment.
