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How covid-19 may be unconsciously affecting your financial decisions

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Identify the emotionThe first step is to figure out which ambient emotions you’ve been feeling during the pandemic.

To do that, rate the extent to which you are experiencing the following three emotions on a scale of 1 to 7—with 1 being “never" and 7 being “constantly or almost always."a.

Fearb. Angerc. SadnessThe emotion to which you assigned the highest number is likely your primary ambient emotion during the pandemic, especially if you gave it a much higher score than the other choices. (If you didn’t give any of the emotions a high score, then you might be less affected than most by the current crisis.)Once you have identified your primary ambient emotion, you can take steps to avoid common, and costly, financial mistakes that are.

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