Utilizing Emotional intelligence in financial planning

If there's anything we cannot seem to escape it's our emotions. How about monetary resources? Well, let's just say that we badly need them too in this material world of ours. How does it affect us when the two are involved?.
Anyone can recall changing their mind when it comes to final "supposedly final" decisions only to end up choosing something different from what they set out with.
"amm give me that chocolate milkshake.... No actually I'll have the strawberry milkshake.... Oh wait is that vanilla?." You might've as well added "please" for the confusion.

I can't believe you dislike it. You're the one that bought it.

"Alright, just forget it :)
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Most
of these interplay concurrently so whether we know it or not our emotions play a role in our decisions are made and that's not to say when we use our emotions we make the wrong choices but it's either good or bad so it's the essence of using it wisely that matters. Maybe the recur is why we don't even think about it and this can blindside us on the idea of having a sense of awareness and using it to our advantage. Perhaps you've thought things through like we all like to do and for some reason our emotions veer out to frontsie.
So it's definitely significant to be emotionally intelligent especially in the domain of financial.
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The importance of emotional intelligence in investment decision making
Since investments conceal a lot of hope in terms of returns and that a lot of capital can be used as input then is worth all the mountain of proper analysis.
Backing the urge for a quick gain characterised by selfishness rather than the least ethical reasoning. The consideration for both short and long-term outcomes is more risk calculatory than falling for the short-term spikes which can lead to foolery and that's nothing new.
Much can be said with regards to the outcome that unlike the quick burst of avarice, fear instills too much hesitation at the expense of missing out on an opportunity.
Some may invest because they have a low EQ and this influences their investment making decision.
For example, because of greed people may go on and over invest without making proper research on the investment. One of the effects is they invest more than they can afford to lose and end up getting rekt when the said investment didn't match their expectation.
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Correlations and leadership
Interpersonal relationships can be fostered in financial settings to land trust while creating the environment for better collaborations. This aids in boosting communications as we don't suppress our wits when we feel free to express ourselves.
Leadership qualities can often be seen in people who aren't necessarily at the top of a management team or CEO because an emotionally intelligent person doesn't event need to try as much to motivate others or enhance optimization and would rarely shy away from resolving conflicts.
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conclusion
We all have natural biases, instincts and what triggers them so in taking financial decisions they may need to become secondary or sharply weighed with the reality of the task at hand. We can see how things can turn out in the end if not properly utilised in the instances above.
Where an in-depth research is required one may just brush off the surface of it and as a consequence may need to start afresh.
Furthermore, some may go on to say "it was meant to be" and hence fail to acknowledge their wrong approach of things.
Also we can learn from how a person with a high EQ might either go through things thoroughly to be alert or discard it all together for it's high uncertainty.
Anyone can endure losses for simply not adhering to the idea that building wealth takes time so while it can be debatable for not always being the case, a different approach would likely take you a step forward followed by a step or two back plus: is time really on your side?
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