Poor decisions occur when individuals choose options that lead to negative outcomes or consequences. These choices can stem from a lack of information, emotional influences, or cognitive biases. For example, someone might decide to spend all their savings on a risky investment without fully understanding the potential risks involved. The impact of poor decisions can be significant, affecting personal finances, relationships, and overall well-being. Learning from these mistakes is crucial for personal growth. By analyzing past choices and their outcomes, individuals can develop better decision-making skills and avoid repeating the same errors in the future.