#financial-decision-making

#financial-decision-making

The investment decisions people make are often influenced by cognitive biases that can lead to irrational decisions or behavior contrary to personal financial goals. Cognitive biases, like the status quo bias, showcase a tendency to prefer existing circumstances over change.

Women are often the charitable decision makers already in their families, and we see that trend continuing as women have more resources and more responsibilities.

People have been saving money for thousands of years and have developed various systems over time, revealing fundamental human behavior regarding resource management.