vConsider Carefully: 5 Deceptive Financial Decisions

When it comes to money, what may seem like a wise decision often turns out not to be. According to research from the Consumer Financial Protection Bureau, we have a tendency to prioritize short-term gains over long-term benefits, a phenomenon known as time inconsistency. To avoid costly mistakes, it is important to carefully consider whether these seemingly intelligent financial decisions could potentially have negative consequences in the long run.