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Mind Over Money

Navigating Behavioral Finance for Better Decision Making

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About this listen

Behavioral finance is a field that merges psychology with financial decision-making, providing insight into how human emotions and cognitive biases affect the way individuals handle money. Unlike traditional finance, which often assumes that people act rationally and make decisions purely based on available information, behavioral finance acknowledges that psychological factors can lead to irrational behaviors. These factors include biases such as overconfidence, loss aversion, and herd mentality, which can significantly influence financial choices, from everyday spending to long-term investments.

©2024 Kevin Hudson (P)2026 Kevin Hudson
Personal Development Personal Finance Stress Management Money
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