As the new financial year begins, it’s time to reassess our financial habits and strategies. Drawing inspiration from Nobel laureate Daniel Kahneman’s work on human decision-making, it’s crucial to adopt a slow-thinking approach when it comes to financial decisions. Avoid the last-minute rush during tax season and consider long-term investment options like equity-linked tax-saving schemes or the National Pension Scheme (NPS). Seeking professional advice and investing in financial literacy can help in making informed decisions. Involving family members in financial discussions can also contribute to achieving long-term financial goals effectively.