
← The Money To The Masses Podcast30. Sept. · 22 Min.
Money Vault - How to make better money decisions
<p>Welcome to the Money Vault, the midweek show where Damien and Andy revisit some classic, evergreen episodes from the Money to the Masses archives. </p><p><br></p><p>In this episode of The Money Vault, Damien and Andy revisit a 2019 episode where Damien explains how to make better financial decisions by focusing on the process rather than the outcome. </p><p><br></p><p>He explains the psychological concept of 'outcome bias' and how judging a decision solely by its result can lead to loss aversion and poor investment choices. Using clear examples, he shows why a robust, objective process is essential for long-term financial success, even amid short-term market uncertainty.</p><p><br></p><p>Check out this week's <a href="https://moneytothemasses.com/news/podcast/the-money-vault-28-how-to-make-better-money-decisions" target="_blank" rel="noopener noreferer">podcast article</a> on the Money to the Masses website to see the full list of resources from this week's show.</p><p><br></p><p><strong>Resources:</strong></p><ul><li><a href="https://moneytothemasses.com/weekly-newsletter">Sign up to our weekly newsletter</a></li></ul><p><br></p><p><br></p><ul><p><br></p></ul><p><strong>Follow Money to the Masses on social media:</strong></p><p>YouTube - <a href="https://www.youtube.com/moneytothemasses">https://www.youtube.com/moneytothemasses</a></p><p>Facebook - <a href="https://www.facebook.com/moneytothemasses">https://www.facebook.com/moneytothemasses</a></p><p>Instagram - <a href="https://www.instagram.com/moneytothemasses">https://www.instagram.com/moneytothemasses</a> </p><p>Tik Tok - <a href="https://www.tiktok.com/@moneytothemasses">https://www.tiktok.com/@moneytothemasses</a></p>