EP304 No Regret Decisions with Shannon Lee Simmons

Curious about making the right choices in challenging times? Shannon Lee Simmons, a seasoned Certified Financial Planner (CFP), bestselling author, and founder of the New School of Finance™, joins us to explore her latest book, No-Regret Decisions. Introducing a universal decision-making framework applicable to most scenarios, Shannon emphasizes that setbacks don’t define your decision-making ability—they’re opportunities for growth. 

Listen in to hear about her three-phase approach: first, avoiding impulsive panic decisions; second, navigating the messy middle phase of decision-making; and finally, adapting to your “next normal” post-decision. You will learn how to craft micro-timelines for clarity and embrace evolving core values. Unlock the secrets of effective decision-making and pave the way for future success!

“No matter what decision someone is trying to make in their life, the actual framework to make that decision is the same.” – Shannon Lee Simmons

This Week on Young Money:

• The three phases of big decision-making.
• How to create micro-timelines and what this entails.
• The benefit of knowing your core values.
• How to decide what information actually matters.
• How to set yourself up for future success.

Key takeaways:

1. Don’t be afraid of taking risks.
2. Be okay with things not working out.
3. Create micro-timelines.
4. Focus on the now.
5. Don’t make panic-based decisions.
6. Be mindful of where you get your information.

Resources Mentioned:

• EP045 Stop Feeling Broke with Shannon Lee Simmons
• EP066 Living Debt-Free with Shannon Lee Simmons

Rate, Share & Inspire Other Young Millionaires-in-the-Making 

Thanks for tuning into the Young Money Podcast – the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts.

Don’t forget to share your favorite episodes on social media! 

Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

Check out this episode!