Herd mentality only affects the uneducated
Herd mentality is a tendency to follow the crowd without critical thinking. It can impact people of all education levels.
It’s a human behaviour influenced by emotions, social pressure, and a desire to blend in. Even educated individuals can be naive, especially in uncertain or emotional situations.
Recognizing herd mentality and making independent decisions based on facts and analysis is essential for everyone, regardless of education, to avoid making impulsive or irrational choices.
Learn more about how to overcome herd mentality here.
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Weekly Wrap-up
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Are you following the flock or making informed choices? Herd mentality can affect decision-making. Learn how to overcome this bias and improve your finances.