Risk Assessments

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Confessions Of A Financial Advisor

Business


We face risks daily in areas of money, health, kids, family, education, career, etc. Some risk has to do with the decisions we make while other risk lies in not making a move. In what areas of your life do you think you’re conjuring up risk that doesn’t really exist or that’s holding you back? As with many things, our personal risk assessment begins with what we learned in childhood. In some ways, we want to continue what our parents did, but in other ways, we’ll have to make a conscious effort to unlearn the risks that they did or didn’t take.  What proportion of our perceived risk is not real?  How does exposure affect our perception of risk? Do you tend to air on the side of caution or disregard risk? How would you act if you knew that risk wasn’t real? With heightened self-awareness, you could identify and cherry-pick risks you’re willing to take, identify biases, and alter areas in your life intentionally.