Kaizen Wealth Life Transformation

  • Increase font size
  • Default font size
  • Decrease font size
Home Personal Development Minimizing Regret when Making Decisions

Minimizing Regret when Making Decisions

The prospect of making decisions can be hard, especially when you have to make them one after the other. The frequency of the decisions you make does not reduce the gravity of how each one affects other things and impacts a variety of consequences.

People who see making decisions as a life-threatening dilemma may then be extremely overwhelmed by this task.

In order to assist you in simplifying the process of making decisions, some useful guidelines for daily choices are listed below.
 
1.      Plan the choices that you’re set to make. Evaluate the decisions that are required of you to make by studying the specifics. Doing this will help you see the trajectory of the effects your decision can make once it has been made.
 
2.      Consider the benefits and detriments your decision can have. This cost-benefit analysis has always been an excellent way of helping you determine whether a decision is worth making.
 
This is because listing these benefits and detriments will make the evidence much more material as you make the choice of picking one side over another. In deciding which option to choose, give priority to those benefits that matter to you.

  • Remember: the quality of the benefits or detriments is overwhelmingly more important than just how much benefits or detriments outweigh each other.

For instance, if earning income is a priority, an income-generating opportunity as a benefit will outweigh most of the other detriments you’ll list.
 
3.      Study the information required to make a decision. An informed choice is possible by researching and soliciting the advice of other people.
 
4.      Take into consideration what you want to get out of the decision you make. Weigh each benefit and detriment according to how they contribute to the motive behind making decisions. In making decisions, it is also important to take into consideration long-term versus short-term benefits.
  • However, if you are reluctant because you are afraid of certain things, you must always take into consideration the benefits you can derive by overcoming what you are afraid of.

5.      Making decisions should be within a timeframe. Do not dillydally with the choice you have to make, even if the gravity of the decision makes it all the more tempting. A target date for making decisions will force you to resist the delay.
 
6.      Consider the context within which the choice is happening. Does the decision have a monumental or a minute impact on everything else in your life? If its impact is considerably minute, you shouldn’t waste too much time. However, an important decision will need more reflection, especially as to how it will change your life.
  •  Looking at choices based on whether it is good for the short run or the long run will help you evaluate just how big an impact this decision can have on life.
7.      Understand that decisions are made in specific contexts. While there are hard choices that are irreversible, you’ll be surprised that you might have to make that decision again. Do not make a fuss about a decision once it’s been made.
  • There are decisions that impact only present events. In the future, it is possible that what you choose to do now may be changed and reverted, depending on where you are in your life.
The guidelines listed here can help ensure that making decisions that need not be an absolute stress. In the process, making decisions begins to become a means through which you are able to gain greater control over your own life.
 
Take each opportunity you have to be making decisions that can affect your life.
 
Please share your wealth insights with us on the article by adding your comment at the bottom.


If you like this article, please click on the `Digg` image below. I'd appreciate it!

Comments

avatar SAM
0
 
 
the above has empored me on a simple fact;THE ABILITY TO DECIDE MAKES U TAKE CONTROL OF UR LIFE AND WHERE U WANT TO GO AS OPPOESD TO FOLLOWING UR LIFE
B
i
u
Quote
Code
List
List item
URL
Name *
Email (For verification & Replies)
Code   
Submit Comment
Cancel
B
i
u
Quote
Code
List
List item
URL
Name *
Email (For verification & Replies)
Code   
Submit Comment
 

Follow Me

 FB twitter


Personal Development Articles


Testimonial

2009-12-11
Wealth Insight 2009-12-11 The Blessing Of Exponential Growth   Say you put a drop of water into a watertight football stadium. Say that drop doubles every minute. After six minutes you’ll have a little puddle in the palm of your hand. And how much will you have after an hour?   A cupful? A bowlful?   Neither. After an hour the stadium will be full.   Right up till the last few minutes it will be mostly empty. Then suddenly it will be full. Overflowing. The same... Read more...
Jacques Du Toit
Ending the Kaizen Challenge is indeed the beginning of a new and prosperous future. I always knew that I was different than the most people as I was constantly looking for something new, something better, a better understanding of who I was and what I wanted out of life - this does make Read more...
Andre Quinlan
I have experienced minor but nevertheless profound changes over the past 7 weeks of the challenge. The main item I noticed was the importance of doing things every day in all the main areas of life. I probably neglected some areas before the challenge, certainly not giving enough attention to the relationships aspect, and I now contact friends Read more...
2010-01-01
Wealth Insight 2010-01-01 Something to stick on your fridge No, it’s not a fat photo. It’s a list of some health basics that, if you follow them in 2010, can make a lifelong difference to your health. As always the truth is very simple yet somehow a great surprise. Here goes! Margarine is not a health food. Nor is any processed supermarket cooking oil. Your best bets are olive oil, coconut oil and believe it or not, saturated fats like butter. Processed carbohydrates like... Read more...
2009-12-03
Wealth Insight 2009-12-03 The economics of gaining weight This week I completed my 262nd lesson for my mentorship students. I wrote about something I would like to share with you, too. It’s about the economics of what you weigh. Your weight is a business matter. (Now that is a fresh way to look at it.) There’s so much I would like to say but space is limited. So here are some facts that I hope will get you thinking - You eat more when you are fatter. It takes more calories to... Read more...