EN
Article presents selected mechanisms that can distort liquidity management process in times of economic instability. It concentrates on errors (heuristics, biases) that may increase probability of making a bad choice. They are called "decision traps". The practical aim of this article is to make managers and finance directors in enterprises aware of certain non-economical mechanisms (coming from their mind, emotions, locus of control etc.) influencing their decisions. Such knowledge can help them to control detrimental factors and therefore improve quality of their decisions.