Avoid Financial Disaster Through Psychology

Avoid Financial Disaster Through Psychology

2 0 2 years ago
11 Plays 19 Downloads
Research in psychology and other fields shows how people tend to make poor financial decisions. This interview on Sunny 95 discusses the typical thinking errors we tend to make that lead to poor financial choices, such as “sunk-cost fallacy,” “status quo bias,” "the IKEA effect,” and how to avoid such "autopilot thinking.”

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