3 Biases That Affect How You Handle Money

A while back I mentioned 7 behaviors that silently affected how we handle money.

Today I'd like to share and add three more to that list - Priming, Halo Effect, and Hindsight Bias. These were actually explained really well in Daniel Kahneman's book Thinking Fast and Slow.

But instead of me writing about it, here's a concise 4:35 animation from youtube channel FightMediocrity to explain it.

The channel has a lot of great animated book summaries. I'd suggest checking it out; maybe that book you've been meaning to read, but can't find the time to, has been summarized there.

Subscribe to my feed, like me on Facebook, circle me on Google+, or follow me Twitter @thePFApprentice. It's free, you won't miss new articles, and you'll also get my free ebook: the Super Savings Guide.

Enter your email address for your free subscription

No comments:

Post a Comment