Episode
#603 - Abby Davisson - How To Make Life's Biggest Decisions
1:06:46
Published: Sat Mar 18 2023
Description
Abby Davisson is an author, social innovation leader and career development expert whose research focuses on decision making in money management and romance. There are some big decisions we all need to make. What job to take, what city to live in, whether to get married or divorced or have kids. Having a prescriptive formula for this might seem impossible, but Abby helped run the most popular course at Stanford on exactly this topic, and today we get to find out what she's discovered. Expect to learn what the most common biggest single mistake that Abby has discovered in her research, how to use logic in romantic decisions without killing the romance, how to speak to your parents about care as they get older, the biggest mistakes that all people make when it comes to major decisions, if you should get a prenup agreement and much more... Sponsors: Get $100 discount on the best water filter on earth from AquaTru at https://bit.ly/drinkwisdom (discount automatically applied) Get 5 Free Travel Packs, Free Liquid Vitamin D and more from Athletic Greens at https://athleticgreens.com/modernwisdom (discount automatically applied) Get 10% discount on your first month from BetterHelp at https://betterhelp.com/modernwisdom (discount automatically applied) Extra Stuff: Buy Abby's Book - https://amzn.to/3ZU5X44 Get my free Reading List of 100 books to read before you die → https://chriswillx.com/books/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom - Get in touch. Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/modernwisdompodcast Email: https://chriswillx.com/contact/
Chapters
Abby Rosenblum shares her research findings and advice on how to make major life decisions, from using logic in romantic decisions to planning for caring for aging parents.
00:00 - 05:17 (05:17)
Summary
Abby Rosenblum shares her research findings and advice on how to make major life decisions, from using logic in romantic decisions to planning for caring for aging parents. Topics also include common decision-making mistakes and whether or not to consider a prenup agreement.
Episode#603 - Abby Davisson - How To Make Life's Biggest Decisions
PodcastModern Wisdom
The podcast discusses how to make decisions when there are numerous uncertainties and unknowns about the future.
05:17 - 18:11 (12:54)
Summary
The podcast discusses how to make decisions when there are numerous uncertainties and unknowns about the future. Conventional wisdom tells us to keep emotions out of the decision-making process, run numbers, consult with others, and communicate with those affected by the decision.
Episode#603 - Abby Davisson - How To Make Life's Biggest Decisions
PodcastModern Wisdom
Having conversations about financial values and decisions early on in a relationship can greatly impact the compatibility of the couple in the long-term, as merging finances can have real implications on their future.
18:12 - 26:48 (08:35)
Summary
Having conversations about financial values and decisions early on in a relationship can greatly impact the compatibility of the couple in the long-term, as merging finances can have real implications on their future. However, these conversations are often avoided to avoid appearing too eager, despite the gravity of the topic.
Episode#603 - Abby Davisson - How To Make Life's Biggest Decisions
PodcastModern Wisdom
The choice of a life partner is one of the most important decisions you can make in your life.
26:48 - 39:08 (12:20)
Summary
The choice of a life partner is one of the most important decisions you can make in your life. Going through the steps of having conversations regarding the costs, approach, and expectations in your life as a family can make your decision wiser and your relationship stronger.
Episode#603 - Abby Davisson - How To Make Life's Biggest Decisions
PodcastModern Wisdom
The biggest regrets people have are not spending enough time with loved ones and not taking risks.
39:08 - 49:23 (10:15)
Summary
The biggest regrets people have are not spending enough time with loved ones and not taking risks. To break out of a rut in a relationship, set aside time every week to check in on mundane tasks and consider the importance of taking risks to avoid future regrets.
Episode#603 - Abby Davisson - How To Make Life's Biggest Decisions
PodcastModern Wisdom
Living in a vacation home isn't all fun and games as it requires dealing with daily chores and not-so-fun parts of living in a place.
49:23 - 57:52 (08:28)
Summary
Living in a vacation home isn't all fun and games as it requires dealing with daily chores and not-so-fun parts of living in a place. Some people prioritize relationships over monetary gain while going through a divorce.
Episode#603 - Abby Davisson - How To Make Life's Biggest Decisions
PodcastModern Wisdom
The podcast discusses the significance of long term care insurance, which is offered only in a few states like Washington.
57:52 - 1:04:50 (06:58)
Summary
The podcast discusses the significance of long term care insurance, which is offered only in a few states like Washington. The speakers emphasize the need to initiate conversations about elder care sooner rather than later and to tread lightly while doing so.
Episode#603 - Abby Davisson - How To Make Life's Biggest Decisions
PodcastModern Wisdom
The book discusses the importance of having an advanced directive for driving, while also identifying the different types of analyzers to help overcome their tendencies.
1:04:50 - 1:06:42 (01:51)
Summary
The book discusses the importance of having an advanced directive for driving, while also identifying the different types of analyzers to help overcome their tendencies. The conversation briefly includes an ad for Athletic Greens.