Smart Money Decisions: Why You Do What You Do With Money and How to Change for the Better - Couverture rigide

Bazerman, Max H.

Couverture rigide

ISBN 10 : 0471296112 ISBN 13 : 9780471296119

Editeur : John Wiley & Sons Inc, 1999

Synopsis

When most people are faced with big money decisions, they react with their "gut" feeling. They can buy all the investing and how-to-books they want, but none of these books address the fact that people are very emotional about their finances and often make poor decisions based on impulses. Providing an insight into money blunders, this volume offers a psychological study of how people make decisions. Rather than giving a simplistic step-by-step process for making wise decisions, it provides an interesting mental audit, based on extensive research in cognitive psychology, of how people think about money. Representing a well thought out and eminently appealing way to solve the most common money mistakes, it helps the reader change the way he/she deals with and thinks about money, and stops him/her making the most common negotiating errors, to instead become better decision makers.

A propos du livre

Quatrième de couverture

When it comes to money matters, even the smartest of us can make some pretty dumb decisions. From falling in love at first sight with a house and hastily negotiating a price to blindly following the pack in investment dealings, life is fraught with financial choices that are settled on with gut instinct rather than a level head moves that can, and often do, lead to costly mistakes. In order to sidestep major money blunders, resisting first impulses, though not easy to do, is absolutely crucial. This groundbreaking book gives you the tools necessary to think through fiscal issues practically so you don′t continue making decisions rashly.

Written by Max Bazerman, a renowned expert in the field of decision making and negotiation, Smart Money Decisions illustrates both how and why we make the decisions we do. Offering an intriguing mental audit of people′s psychological relationship with money, it provides the essential understanding you need to identify your own approach to finances, recognize any inherent problems, and determine ways to overcome them.

Bazerman guides you through these basic steps with the goal of permanently improving your financial decisions in a wide range of real–life scenarios, such as buying and selling a home or a car, making investments, and choosing careers. Highlighting the errors too often made in these and other situations, Smart Money Decisions presents the 10 most important money mistakes, including:

• Overconfidence the engine that fuels other monetary missteps
• Being unprepared "winging it" leads to mishaps that could easily be avoided
• Focusing on beating the other side coming out on top shouldn′t overshadow making a decision that will help you in the long run
• Ignoring alternatives having your heart set on only one option isn′t always the wisest strategy

Packed with sound advice and expert recommendations on how to make more reasoned monetary decisions, Smart Money Decisions is essential reading for anyone who wants to stop making costly financial errors.

Advance Praise for SMART MONEY DECISIONS

"If you need to negotiate anything . . . from a pay increase to buying or selling a house this book covers all the bases. What makes it even better is that Max has taught, tested, and proven his theories with thousands of executives and MBA students." Donald P. Jacobs, Dean, J. L. Kellogg Graduate School of Management

"Smart Money Decisions will make you think twice before reaching for your wallet. Max Bazerman provides a fascinating, easy–to–understand look at how we make money decisions and offers sound advice that will help you increase your net worth." Roger E. Stricker, PhD, Intellectual Property Vice President, Lucent Technologies

"By holding a mirror up to our faces, Max Bazerman allows us to see all those dumb money mistakes each of us had no idea we were making. Those dumb money moves, made by even the smartest among us, now exposed and put into perspective, become the springboard from which the author teaches us the solutions. More often than not, those solutions have been staring us in the face all along." Bill Bresnan, Financial Talk Show Host/Author

"It′s your pocketbook that Bazerman is protecting. Be smart enough to think about his advice. You′ll be entertained in the bargain." Howard Raiffa, Frank P. Ramsey Professor of Managerial Economics (Emeritus), Harvard University

Présentation de l'éditeur

Praise for Smart Money Decisions

"If you need to negotiate anything . . . from a pay increase to buying or selling a house–this book covers all the bases. [Bazerman] has taught, tested, and proven his theories with thousands of executives and MBA students."–Donald P. Jacobs, Dean, J. L. Kellogg Graduate School of Management, Northwestern University

"Max Bazerman provides a fascinating, easy–to–understand look at how we make money decisions and offers sound advice that will help you increase your net worth."–Roger E. Stricker, PhD, Vice President, Intellectual Property, Lucent Technologies

"By holding a mirror up to our faces, Max Bazerman allows us to see all those dumb money mistakes each of us had no idea we were making."–Bill Bresnan, Financial Talk Show Host/Author

When it comes to money matters, even the smartest of us make some pretty dumb decisions. This groundbreaking book gives you the necessary tools to think through financial issues practically and avoid costly blunders.

A renowned expert in the field of decision–making and negotiation, Max Bazerman illustrates both how and why we make the decisions we do. He provides the essential understanding you need to identify your own approach to finances, recognize any inherent problems in your reasoning, and determine ways to overcome them. Packed with sound advice and expert recommendations, Smart Money Decisions is essential reading for anyone who has made the same mistake twice.

Détails de l'édition

• Éditeur: John Wiley & Sons Inc
• Date d'édition: 1999
• ISBN 10: 0471296112
• ISBN 13: 9780471296119
• Reliure: Relié
• Langue: anglais
• Nombre de pages: 238
• Coordonnées du fabricant: non disponible