Decision making is the most complicated and essential part of our life. As human beings, we need to make many decisions in our everyday life and also whole life. There is some small decision, and there are many big decisions in our life. Today we will introduce some vital information about decision making. It will make your life more relaxed and comfortable. First of all, we have to know what decision making is? It is an action or process of choosing a way of life. That way, you want to lead your life. That is decision making.
Sometimes we take the best and logical decisions, but sometimes we make decisions emotionally, irrational, and we take the confusing choices. Now I discover why you chose a poor way and also some exceptional tips for making the best decision. If you think you are only the rational person, no, this is not true. There are many people here, just like you. Almost we all are irrational, you know. In recent research, some researchers said that there is a wide range of mental error possibilities at this time. In these decades, it increases every day.
I will now discuss some most common mental errors that hamper your best decision-making process. These errors occur more frequently in our life. We currently disclose how loss aversion, survivorship bias, anchoring, the availability heuristic, and confirmation bias are the common barrier to your best decision making. First of all, I need to introduce the standard mental error of misguiding thinking. There are thousands of psychology studies proven that we can not decide the importance of work and time. We give most effort on those events that are not important, or those can easily recall, but we are not giving importance, which is not can be easily remembered.
We also underestimate the events which we have trouble recalling. These are hampering your decision-making process. This mistake refers to illusory correlation as the language of Psychologists. Now I will tell you simple and unique tips that you can use for tracking your hidden assumptions and also make the best decision.
There is research that says that our brain always loves to care about our present, not our future. It’s call Procrastinate. If you want to remove this and make better and long term decisions, you should invest your present for your betterment of the future. The unique way to improve your decision-making skills is through the learning of mental models. This is a framework that helps you to understand why things work like the way it does. Each model can help you to clear the concept of the thoughts and ideas of thinking about the problems and dilemmas of our life. The other thing is the margin of safety.
You should always keep a safe capacity and a portion of your life. It will help you for the betterment of your next decision making. You should think about your success. The way of life that you want to lead. This thinking will develop your decision-making capacity. Another exciting thing is you should think about the critical points of your life. If you think about it, if it will come to your life, you will be prepared for it.
These will help you with the mental development of thinking. It will help you manage your failures. Never underestimate yourself. If you make a decision, always think this will be the best one if it was not trying to work on it and make it better. These are the way of thinking and tips for your better life.