I try to get clients to objectively understand how they actually are, not how they feel they are. If I can prove to them that they have more than enough money to fulfill all of their lifestyle needs forever, that opens up an opportunity to do other prudent things with regards to risk management, wealth transfer and philanthropic planning. It gets emotions out of the way.

Authors

• Person: Not available Organization: CNB
  What Is True About Emotions and Financial Decisions?

Sources

• What Is True About Emotions and Financial Decisions? www.cnb.com CNB via serper

Referenced by nodes (1)

• risk management concept