Behavioral Finance

Predictably Irrational: 3 Biases That Cost You Money

1

Anchoring is a bias where the first piece of information influences our decisions, so use multiple data points for better financial goals.

2

The pain of paying varies with payment method, leading to overspending with credit cards; consider using cash for better control.

3

The zero-price effect makes us overvalue free items, so be aware of hidden costs in free trials and subscriptions.

Freedom Isn't Free
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