Ep 21: 5 Areas of Overconfidence in Financial Planning

Sometimes we can get overconfident in our financial planning. This type of overconfidence can create blind spots in our financial plan. On today's episode, we are going to cover 5 areas people tend to become overconfident in when it comes to the financial world, so you can stay level-headed. We'll talk about the stock market, dollar figure goals, rules of thumb, financial understanding, and decision-making. So, what can you do to mitigate the negative impacts of overconfidence? Meeting with an advisor can certainly help give you a fresh view of your financial choices.   What we discuss:  1:08 – Pride 2:18 – Stock market 6:34 – Dollar figure 9:20 – Rules of thumb 13:57 – Understanding 16:30 – Decision Making   Contact: If you have any questions, call 215-513-4330 or visit https://www.kempharvest.com/