Making a good decision requires thought and consideration of the positive and/or negative consequences of each possible choice. Some decisions are easier than others, like which cup of coffee to buy, and require little reflection. Other decisions, like which vehicle to purchase, require careful consideration.
There are 7 essential steps in the decision making process that, when followed, will help you make the best possible decision at the time. 7 steps might seem like a lot when it comes to your cup of coffee but you'll see that, for simple decisions, these steps can be done in a matter of seconds. For more difficult decisions, like which vehicle to purchase, these steps can take hours or even days. Either way, getting into the habit of thinking fully about your decisions will help you make better choices in every aspect of your finances.
