Uncommon Sense for Beating the Odds: Financial Education for Wealth Creation

Abstract

There are some decisions that can be done with first-level thinking since all it requires is an opinion. It only looks for something that solves the immediate problem without considering the consequences. Almost everyone can do it because it doesnʼt require much thought. There are other decisions that require second-level thinking and are deep, complex and convoluted. These decisions look at future outcomes and seeing what others canʼt see. This paper will look at how advice from financial leaders can help individuals focus on second-level decisions for making prudent decisions.