There is a branch of academic research focused on exploring the most impactful ways to influence human behavior and the choices we make. Today, we will examine how this applies to your finances.
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InvestEngine
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Vanguard
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If you would like a summary of everything I discussed, you can get it here:
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Links from video:
FCA paper on nudges
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Pension Nudge
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Fly in the toilet
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The majority of quotes studies can be found in this paper
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Harvard study
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Timestamps:
00:00 - Don't Miss
01:26 - Nudges
02:38 - Defaulting
05:18 - Commitment Devices
06:50 - Better Commitment Devices.
10:45 - Reminders
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DISCLAIMER: I am not a financial advisor and none of the content on this channel is financial advice. All information is provided for educational/entertainment purposes. If you are making investment or other financial decisions and require advice, please consult a suitably qualified licensed professional.
