![]() ![]() There are a lot of different definitions out there, but the simplest definition of optimism is having generally positive expectations about future events. What does it mean to be a financial optimist?īefore we continue, we need to establish a shared understanding of what the term optimism means. Next week, I will review research and exercises you can use to rewire your brain to become more optimistic. The difference between rational and irrational optimists. How optimism impacts your retirement, career, and investment decisions. This is the first of a two-part post on the impact of optimism on your finances. Yes, but only if you are a rational optimist. When it comes to success with money and your career, does it pay to be an optimist? ![]() ![]() ![]() The easy interpretation of this quote from Henry Ford is a message about embracing optimism and rejecting pessimism. However, dismissing this type of simple advice on sight is not a good strategy either. It’s the type of advice that sounds nice but feels hollow. Typically, these types of self-help platitudes give me major eye roll syndrome. “Whether you think you can, or you think you can't you're right “ Here’s a quote you’ve likely heard a thousand times… ![]()
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