You’re not bad at money management. You need a better decision-making process that won’t leave you feeling exhausted and overwhelmed.
Financial decision fatigue occurs when a person’s capacity to make more financial choices worsens as they make many financial decisions throughout the day.
To combat financial decision fatigue, the article recommends curating your cash accounts, not tracking must-have bills in your budget, avoiding chasing investments over credit card debt, and defaulting to saving money first and then spending. By following these recommendations, you can reduce financial decision fatigue and make better financial decisions.