How to Choose -  SHOW NOTES www.goodbetterright.com.au Season 1, Episode 7 : Important Decisions Tessa Mudge & Ken Smith INTRODUCTION In this episode we look at non-urgent decisions, figuring out what’s important, and how to make time for it in our busy lives.  KEY TAKEAWAYS The ‘important but non-urgent’ quadrant AKA the magic quadrant!  Importance of delayed gratification for achieving goals Don’t commit your time on this big projects until you’ve considered your ‘why’ and your values Sticking to your goals with ‘big rocks’

LINKS Here’s a https://www.youtube.com/watch?v=1jWmJy3nc0k (four minute video )explaining Stephen Covey’s Urgent/Important matrix. And a very retro Covey https://www.youtube.com/watch?v=zV3gMTOEWt8 (explaining) how his Big Rocks concept works. Do yourself a favour and learn more about the power ofhttps://www.forbes.com/advisor/investing/compound-interest/ ( compound interest)! There are even https://www.nerdwallet.com/banking/calculator/compound-interest-calculator (handy calculators) to help motivate you to start saving today. We talk about values in this episode to go a bit deeper into what you value and what then becomes a non-negotiable in your decisions making check out this https://goodbetterright.com.au/great-decisions-rest-on-clear-non-negotiables-2/ (blog post). WHAT TO DO? Talk about these concepts with other people - this is a proven way to reinforce learning Subscribe to How to Choose Drop us a line at contact@goodbetterright.com.au 

IN OUR NEXT EPISODE… Next episode we’ll be learning about opportunity cost, the sunk cost fallacy and its relevance to decision making.