Does more choice mean more freedom? Not in finance. This episode examines the “paradox of choice” and decision fatigue, showing how an abundance of options leads to paralysis. We share the story of “Michael,” who missed out on $87,000 in wealth simply because he was too overwhelmed to choose from 24 retirement fund options.

Key Takeaways:

* The Financial Menu: Limit yourself to 2–3 high-quality choices in each financial category.

* Automate Everything: Use a “set it and forget it” approach for savings and bills to bypass decision paralysis.

* OHIO Principle: “Only Handle It Once”—deal with bills and financial tasks immediately to avoid procrastination.

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