Cognitive Dissonance, What Is It And How To Avoid It
Cognitive dissonance is a kind of bias in human behaviour that can affect our decision making in a negative way. But what exactly is it and is there a way to avoid it at...
Tagged: financial decision making
Availability Heuristic, What Is It And How To Avoid It
Previously I wrote about heuristics and biases, what they are and why they matter when it comes to finances. There are many different ones that have been recognized, and today I want to focus on...
Why People Make Bad Financial Decisions And How To Avoid Them
Have you ever wondered how we humans make decisions? Especially those bad financial decisions that you end up regretting for a long time afterwards. Often we don’t think about these decision long enough to...
