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Present Bias. People naturally orient themselves more toward short-term pleasures than toward long-run rewards. This can cause people to save too litt...
Most Common Behavioural Biases in Retirement Planning
It is helpful to recall some of the more typical biases with which most decision-makers are lik...
The thing is, a living person behaves just like that. In most cases, decisions may be explained by some bias, sentiment, or social influence. Behaviou...
What is Behavioural Finance?
Behavioural finance refers to studies upon psychological factors in the decision-making process about financial matters....
However, personal biases and emotions inject a wedge into the process of decision-making, leading to less-than-optimal financial decisions. It is wher...
How Behavioural Finance Enhances Retirement Planning
Retirement planning is one of the most valuable monetary goals at any point in life. It calls fo...
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