Finance

Optimism can keep us going and take us to great heights. But according to Behavioral Economics, too much of it can be detrimental to our finances

Many of us allow emotions to affect our decisions, which in the realm of investment can cause money to be lost and investment portfolios to suffer.

Why don't we use of all the available information, which could help us make important financial decisions?

Many of those who go out of their way to assist others are motivated by something more than just providing social support.

The poor may lack in material wealth, but they possess social wealth in the shape of their communities upon which they can draw.

In economics, it is most often the thing right under our nose that goes unnoticed.

Whilst research has focused on altruism and the science of giving, the issue of why we donate our money to the places that we do has been neglected.

Policymakers and private players are cottoning on to the reality that people are often imperfectly rational, and factoring this into policy design.

Behavioral research has worked to uncover the different ways in which we think about money. This knowledge can be used to ‘hack’ our behaviors to bring about financial and mental well-being.