Listen to this episode: on Spotify on Apple Podcasts on Google Podcasts Today, we’re diving into a fascinating and somewhat sneaky concept that plays a major role in our financial […]
Continue readingTag: cognitive bias
What is Hyperbolic Discounting?
Listen to this episode: on Spotify on Apple Podcasts on Google Podcasts Imagine you’re given a choice between receiving P1,000 today and P1,500 after two months. What would you choose? […]
Continue readingUsing The Peak-End Rule to Optimize Your Money Habits (Episode 162)
Listen to this episode: on Spotify on Apple Podcasts on Google Podcasts What you’ll hear in this episode: The peak-end rule is a cognitive bias that suggests our memories and […]
Continue readingWhat is The Anchoring Effect?
Listen to this episode: on Spotify on Apple Podcasts on Google Podcasts What is the anchoring effect? The anchoring effect is a cognitive bias where our decision-making is influenced by […]
Continue readingWhat is The Framing Effect?
Listen to this episode: on Spotify on Apple Podcasts on Google Podcasts What is the framing effect? The framing effect is a cognitive bias that occurs when our decisions are […]
Continue readingWhat is Loss Aversion?
Listen to this episode: on Spotify on Apple Podcasts on Google Podcasts What is loss aversion? Loss aversion is a cognitive bias that describes the tendency for people to feel […]
Continue readingCommon Behavioral Biases That Lead to Bad Investing Decisions (Episode 150)
Listen to this episode: on Spotify on Apple Podcasts on Google Podcasts Episode Sponsor: AutoDeal is an all-in-one platform for your car needs. It makes your car buying experience worthwhile […]
Continue readingWhat Is The IKEA Effect? (Episode 91)
Listen to this episode: on Spotify on Apple Podcasts on Google Podcasts Episode Sponsor: Watch a FREE online financial coaching video: Visit imgwealthacademy.com What you’ll hear in this episode: In […]
Continue readingHyperbolic Discounting (or Why Most People Don’t Invest)
What is hyperbolic discounting, and how is it related to investing? Before I answer that, let me first give you a thought experiment. Below are three scenarios that I want […]
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