financial decisions

For example, individuals may be more susceptible to "anchoring bias," which occurs when we depend too strongly on one piece of information (such as stock price) and forget to consider other elements. We may also succumb to the "herding bias," in which we follow the activities of others rather...

Making a financial decision is sometimes very difficult because we may be afraid of losing money but sometimes a good financial decision could change our lives completely. Making a good financial decision needs ideas, researches and actions for example those who want to invest in something...

The main purpose for adopting the financial activity of budgeting, is so as to be good in the area of money management. Majority of individuals want to learn how to manage their money by endeavouring to allocate them to the most pressing needs and to the most pressing wants and desires they...