The Money Decisions People Most Regret

Neil Irwin  Sat, February 12, 2022, 7:31 AM·1 min read

In this article:  Daniel H. Pink   American business writer

When it comes to financial decisions, it's easy to have regrets. How many people wish they hadn't sold their Amazon stock in the dot-com crash, for example, or coulda-shoulda-woulda bought bitcoin in 2013?

Yes, but: That isn't the type financial regret that is most common, Daniel H. Pink, author of a new book on regret, tells Axios.  Pink collected regrets of 16,000 people in 105 countries for The Power of Regret — and the financial regrets people have fall most often into two buckets.

"First, people regret not building a strong foundation — that is, not saving money early, not being prudent," Pink says. "With financial regrets, they're less about not hitting a home run and more about not regularly getting on base."

"Second, people regret not being bolder in their careers," he add. "For instance, lots of folks regret staying in lackluster jobs instead of starting a business or even not being more entrepreneurial in their job-holding careers."

More broadly, Pink urges people to cast aside "no regrets" as a life motto and focus on how, properly channeled, regrets can make us happier and wiser.

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https://news.yahoo.com/money-decisions-people-most-regret-123111597.html?fr=sychp_catchall