Don’t Make Big Financial Decisions on These Days of the Week

Kiwis / iStock.com

Kiwis / iStock.com

When it comes to making major financial decisions, it’s important to keep a level head. For some, the best time of the week is going to be on the weekend when there aren’t other pressing obligations to deal with. For others, it’ll be during the middle of the week when there’s a lull in the market.

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Since there’s no one clear answer, GOBankingRates reached out to several financial experts to see what they suggested. Here’s what they said.

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Avoid Major Financial Decisions on Fridays and Mondays

According to Jeff Rose, CFP® and founder of GoodFinancialCents.com, Fridays and Mondays are often the worst days to make big financial decisions.

“Fridays are when people are winding down for the weekend, potentially leading to rushed decisions or overlooked details,” he said. “Mondays, on the other hand, are usually more volatile as the market reacts to weekend news and analysts’