Could you imagine!?
If not.. think of it this way…
Business transactions are based on facts, science, numbers, legalities, etc.. there is rarely too much emotion that goes into a business decision..
Whereas on the other hand, personal decisions usually have more emotion or feelings involved.
Here is an example:
Say you’re dating a girl.. and you like her, so you want to make her happy. What if making her happy means spending a lot of money on her, and you don’t have that much money.
Wouldn’t it be a little taboo to say to her: “Hey I like you, but I don’t have that much money.. so I’m going to spend 10% of my income on you”
I don’t think she would like that very much (correct me if I’m wrong). But in a business decision, that would be a BRILLIANT move.. “We are going to spend 10% of our EBITA on marketing”, for instance.
I guess a prenuptial agreement is somewhat like a personal business transaction.
Note: Since writing this, I spoke to some friends who live down the street (near Baltimore, MD).. they said that when they were looking at getting a home addition – they broke down their finances and made a decision as though it was a business transaction. But in that case, it is.. so that doesn’t count.
The reason this is interesting for me is because business decisions are easier to make (for me at least) than personal ones. I get too tied up in the emotions and feelings when it comes to friends, family, and relationships.
If I were able to make personal transactions with a similar attitude as business, I THINK life would be easier.. not sure though.
Would love to hear your thoughts 🙂