Smart Money Decisions: Why You Do What You Do with Money (and How to Change for the Better) - Hardcover

Bazerman, Max H.

Hardcover

ISBN 10: 0471296112 ISBN 13: 9780471296119

Verlag: John Wiley & Sons Inc, 1999

Inhaltsangabe

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.

Über diesen Titel

Über die Autorin bzw. den Autor

MAX H. BAZERMAN, PhD, is the J. Jay Gerber Distinguished Professor of Dispute Resolution and Organizations at the J. L. Kellogg Graduate School of Management at Northwestern University. The author and coauthor of more than 100 articles and eight books, including Judgement in Managerial Decision Making (Wiley), he is a copartner of Think! Inc., a firm that provides negotiation and decision-making training to a range of companies. His training and consulting includes such clients as Allstate, Ernst & Young, Johnson & Johnson, Lucent, Motorola, and AT&T.

Aus dem Klappentext

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 headmoves 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 dont 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 peoples 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:

• Overconfidencethe engine that fuels other monetary missteps
• Being unprepared"winging it" leads to mishaps that could easily be avoided
• Focusing on beating the other sidecoming out on top shouldnt overshadow making a decision that will help you in the long run
• Ignoring alternativeshaving your heart set on only one option isnt 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.

Details zur Ausgabe

• Verlag: John Wiley & Sons Inc
• Erscheinungsdatum: 1999
• ISBN 10: 0471296112
• ISBN 13: 9780471296119
• Einband: Tapa dura
• Sprache: Englisch
• Anzahl der Seiten: 238
• Kontakt zum Hersteller: Nicht verfügbar