In this episode, we explore the fascinating field of behavioral finance, which studies how our biases and heuristics impact our financial decision-making. We delve into some of the most common biases, including overconfidence, confirmation bias, availability heuristic, and sunk cost fallacy. By understanding these biases, you can make more rational decisions when it comes to your finances. Learn how to avoid emotional decision-making and make better financial decisions by tuning into this episode!
