Ep.261 - Why Smart People Make Poor Financial Decisions

In this episode of the "More Knowledge, More Wealth" podcast, Gabriel Shahin, CERTIFIED FINANCIAL PLANNER PROFESSIONAL CFP® and President of Falcon Wealth Planning, shares his candid thoughts on financial decisions that defy logic.

Drawing on his experience as the head of a fee-only, non-commissioned fiduciary firm, Gabriel highlights the importance of consulting unbiased professionals to make smarter choices. He dives into two surprising client scenarios—a couple prematurely buying a retirement home and a parent investing in a vintage car for a toddler—that reveal the pitfalls of ignoring financial logic for sentiment.

Gabriel stresses the need to challenge one's own financial assumptions and offers practical advice on balancing life goals with sound money management. Tune in to learn how to avoid costly mistakes and why a second opinion from a financial expert could save you millions.

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