Category: Personal Finance Bias Series

• Why should you avoid Availability Bias? How to protect your finances from it?

  

  Availability bias can play a crucial role in shaping our financial decisions. But what exactly is it, and how does it influence our financial choices?

  March 12, 2024

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• What is Trend-Chasing Bias? 5 Strategies to Protect Your Finances from this Trap

  

  Remember that catchy tune that lured children with promises of a magical land? Well, there’s a similar tune playing in finance world – the song of trend-chasing

  January 16, 2024

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• How does familiarity bias affect your personal finances? 5 strategies to overcome this bias

  

  Cognitive biases can influence our decision-making process, & familiarity bias is one of them. Let’s understand it & learn 5 strategies to break free from it.

  October 17, 2023

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• How does herd mentality affect your personal finances? How to overcome this bias?

  

  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.

  September 7, 2023

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• What is anchoring bias? How does it affect your personal finance? How to overcome it?

  

  Anchoring bias is a cognitive bias influencing our decision-making process. Let’s explore what anchoring bias is, and how it can affect your personal finances.

  July 6, 2023

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• What is overconfidence bias? How can being overconfident affect your personal finance? How to avoid it?

  

  In Vrid’s personal finance bias series – we discuss how being bias-free sounds impossible, but being aware of them can help us avoid them to some extent.

  May 25, 2023

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• What is loss aversion bias? How is this bias affecting your personal finance?

  

  Did you panic-sell your investments during recent market crashes? Or are you holding onto a stock that has been under performing for months? You are biased.

  March 28, 2023

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• What is mental accounting bias? How is this bias affecting your personal finance?

  

  Being bias-free sounds impossible, but being aware of them can help you avoid them to some extent. Let’s discuss how this bias affects your personal finance.

  February 16, 2023

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