The Decision Matrix


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There is a common decision matrix most individuals follow. This Decision Matrix is, almost always, determined by your habits.

Power Decisions

Power Decisions are decisions that are made from a position of strength. This strength affords you the luxury to say No.

When you are in a position of strength, you have a upper hand in negotiations, purchase decisions and most other areas of your life. And those decisions, almost always, wind up adding value or some benefit to your life.

Those who have Rich Habits are able to accumulate more money, maintain their health, forge strong relationships with other primarily successful people, and many other things which are the fruit of their good habits. Thanks to their Rich Habits, these individuals are in a perpetual position of strength and able to make Power Decisions.

Desperate Decisions

Desperate Decisions are decisions you make from a position of weakness. This weakness commits you to only one option – saying yes. If you say no with a Desperate Decision, your life is negatively impacted in some way, harming you and/or your family.

When you are in a position of weakness, you are forced to make decisions that are not in your favor and, almost always, wind up negatively impacting your life in some way.

Those who have Poor Habits, struggle with money, do not take care of their health, have weak relationships or have relationships with individuals who share their Poor Habits, and many other things which are the fruit of their Poor Habits. Thanks to their Poor Habits, these individuals are in a perpetual position of weakness and forced to making Desperate Decisions.

Want Decisions

Want decisions are decisions you make to satisfy a want.

Those who possess the Delayed Gratification Rich Habit do not make Want Decisions and are able to accumulate wealth. Because of this accumulated wealth, they put themselves in a position, later in life, to be able to make Want Decisions, using the income from their wealth to purchase that want. Those who are able to accumulate the most wealth, are able to do what they want and never have to worry about the financial consequences.

Those who possess the Instant Gratification Poor Habit make Want Decisions all the time and are unable to accumulate any wealth. As a result, when they run out of money or credit, they are unable to make future Want Decisions and live a life of slavery and misery.

Need Decisions

Need Decisions are decisions that must be made in order to satisfy some need.

Those with Rich Habits are able to make Need Decisions all the time without worrying about the financial consequences. Thus fixing a damaged roof, repairing the boiler, buying enough food for the week, paying a utility bill, etc., are Need Decisions they are able to make to satisfy a pressing need.

Those with Poor Habits are often unable to make Need Decisions because they do not have the financial ability to satisfy a need. Thus, fixing a damaged roof, buying a new boiler, buying enough food for the week, paying a utility bill, etc. all are Need Decisions they are unable to make to satisfy a pressing need, negatively affecting their life.

The point to all this is that your habits, good or bad, affect the decisions you make in life. Those with good habits are able to make the right decisions. Good habits put you in a position of strength and enable you to make decisions that improve the overall quality of your life.

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Thomas C. Corley About Thomas C. Corley

Tom Corley is a bestselling author, speaker, and media contributor for Business Insider, CNBC and a few other national media outlets.

His Rich Habits research has been read, viewed or heard by over 50 million people in 25 countries around the world.

Besides being an author, Tom is also a CPA, CFP, holds a master’s degree in taxation and is President of Cerefice and Company, a CPA firm in New Jersey.
Phone Number: 732-382-3800 Ext. 103.
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