Decision Making

The 5-5-5 Rule: A Simple Framework for Making Important Decisions

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Learn the 5-5-5 Rule, a simple framework to make confident decisions. Evaluate choices in 5 minutes, 5 days, and 5 years for clarity and better outcomes. 5-5-5 rule | decision-making framework | smart decisions | make better choices | decision strategy | clear thinking | life decisions | effective choices | decision tools | improve decisions

Are you the kind of person who has ever felt paralyzed in indecision, thinking about the same scenario, over and over? Does your inner critic cause you to take in all possible outcomes, second-guessing everything before ultimately getting stuck in self-doubt? If you’ve ever wanted to find a way to cut through the noise and … Read more

9 Bandwagon Fallacy Examples to Prevent Poor Decisions

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Thinking back to your childhood, do you remember your parents ever asking you, “If all of your friends jumped off a bridge, would you do it too?” I know this fictional scenario was often presented to me when I argued to do something “because everyone else was doing it” but it didn’t often work very … Read more

How Jeff Bezos Uses the Regret Minimization Framework to Make Hard Decisions

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Think about the last time you made a decision. But not just any decision–one that involved a pretty significant trade-off one way or another. For me, it took me about five years to make the hard life decision to quit my very comfortable (yet unrewarding) job and go back to school to get my master’s … Read more

7 Ways to Overcome the Sunk Cost Fallacy Mindset

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Do you often find yourself continuing on a path that doesn’t feel right, only because you’ve already invested so much time or money into it? You might strongly dislike what you’re doing, but you feel like you have to stay the course because you can’t imagine doing anything differently. If this sounds familiar, then you’re … Read more

Mere Exposure Effect: Definition & 5 Examples

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It is widely accepted that people resist change. Instead, people prefer to find security in familiar approaches to life–which makes sense from an evolutionary standpoint, considering humans once perceived new stimuli to be a threat to their safety. The fear of the unknown has always had a huge impact on people’s decision making. And the … Read more

85 Critical Thinking Questions to Carefully Examine Any Information

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The ability to think critically will often determine your success in life. Let’s face it. Every day, we are bombarded by news, social media updates, and an avalanche of information. If you take all of this at face value, it’s easy to be deceived, misled or ripped off. That’s why it’s important to develop a mindset … Read more

6 Outcome Bias Examples That Can Negatively Impact Your Decisions

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Let’s say you’re ready to learn a new hobby–and since your buddies seem to enjoy their poker nights, learning how to play this game will allow you to get in on the fun. But you’ve got some catching up to do when it comes to knowing how to strategize, so you decide to take some … Read more