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The Framework to Making Better Decisions in Your Life

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Image Credit: Unsplash

The average person makes over 35,000 choices a day, leading to exhaustion and often questionable choices. These begin as soon as you wake up when you decide to hit snooze, then when you decide if you’ll pack a lunch or grab something to-go.

Of course, our daily decisions aren’t always so simple. Choices on who will be the best fit to lead an upcoming project or if your family should move to a new city, take a lot of consideration, research, and time out of your day. Each of these choices has specific conditions and requirements that can make it hard to come to a solid conclusion, but these same criteria also help you best evaluate your choices.

“Your life changes the moment you make a new, congruent, and committed decision.” – Tony Robbins

This is where decision-making frameworks come into play. There are three key models you can use to help you make decisions:

  • The Rational Decision-Making Model is best for high-stakes and financial choices. 
  • The Bounded Rationality Model aims to satisfy a problem when you have limited resources or information. 
  • The Vroom-Yetton Model helps you determine which of the other 2 decision-making models is best for your situation. 

Learn more from CouponChief about these frameworks and other tips to help you make great decisions for your personal life, career, and finances below.

Decision-making-frameworks

Briana Marvell is a content creator from Austin with interests in finance and career development. When she’s not at her desk, you can find her hiking with her dog, Miko, or enjoying a good book.

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