Treavor Dodsworth CFP®, CPA, CKA®
#23 - Decision Making Matrix
Decision paralysis is a “disease” that strikes many. During my Certified Kingdom Advisor® training, I was made aware of a tool that can help.
Here is a link to the Decision Making Matrix.
You will need to make a copy of the spreadsheet before you are able to edit. The first tab walks you through step by step how to use the tool. After reading the instructions, enter your alternatives in the Instructions tab. Then move to the Matrix tab. Following the instructions you just read, walkthrough the Matrix tab. The third tab, Matrix (Example), is a made-up example for your reference.
I have used this sheet a couple of times myself and find it to be helpful. I don't believe my wife shares the same sentiment - to each their own. I would be interested to know what you think.
Interesting Article(s) or Video(s)
Business Insider - I used to be terrified of the IRS, until a surprise bill for $1,200 cured me of my fear
Personal finances (taxes, investments, etc.) cause many people to worry. Sometimes our fear coming true actually assists in reducing our worry.
HuffPost - 85 Percent of What We Worry About Never Happens
The odds are in our favor. Philippians 4:6-7
Thank you for reading! Do you find the Decision Making Matrix to be a helpful tool?