- Home Page /
- Books /
- Business & Money Books /
- Money Investing Books /
- Introduction /
- Why Smart People Make Big Money Mistakes and ...
Why Smart People Make Big Money Mistakes and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics Paperback January
GMD 709
Price Details
Excluding Shipping & Custom charges ( Shipping and custom charges will be calculated on checkout )
*All items will import from US
QTY:
Ubuy works hard to protect your security and privacy. Our advanced payment security system ensures confidentiality by encrypting your information during transmission using AES (Advanced Encryption Standards) and SSL (Secure Socket Layer) protocols. Your payment details are 100% secure as we do not share your payment details with third party sellers.
Protect and grow your finances with help from this definitive and practical guide to behavioral economics.
Fast
Shipping
Free
Return*
Secure Packaging
100% Original Products
PCI DSS Compliance
ISO 27001 Certified
What Stands Out
Product Details
| Item Weight | 1 lbs (450 grams) |
Who Should Buy?
-
Career Professionals
Individuals seeking to improve their financial decision-making skills and avoid costly mistakes in their careers.
-
Students of Economics
Those studying economics or finance who want to understand behavioral economics' impact on real-world financial decisions.
-
Financial Advisors
Advisors looking to enhance their understanding of client behaviors and improve their guidance on financial decisions.
-
Beginners in Finance
Novices may find the concepts challenging without foundational knowledge in finance or behavioral economics.
-
Casual Readers
Readers looking for light reading might find the book's content dense and not easily accessible.
-
Risk-Averse Individuals
Those who prefer strict traditional investment strategies may not relate to behavioral insights presented in the book.
Product Description
Why Smart People Make Big Money Mistakes and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics Paperback January 12, 2010
Customer Questions & Answers
-
Question:
What are the main concepts discussed in 'Why Smart People Make Big Money Mistakes'?
Answer: The book explores how behavioral economics influences financial decisions, detailing cognitive biases and emotional influences that lead to common money mistakes. It delves into concepts like loss aversion, overconfidence, and the impact of social pressures on financial choices. Readers will gain insights on how their own psychological factors can affect their financial well-being, making it a valuable resource for anyone looking to improve their decision-making process. -
Question:
Who is the target audience for this book?
Answer: This book is designed for a broad audience, particularly those interested in personal finance, business professionals, and students of economics. It appeals to anyone who seeks to understand the psychological factors that underpin their financial decisions. By addressing both smart individuals and those struggling with financial literacy, the book helps readers recognize and rectify their financial mistakes, making it a timeless read for diverse backgrounds. -
Question:
How can behavioral economics help in personal finance management?
Answer: Behavioral economics sheds light on the psychological aspects behind financial decisions. By understanding principles like cognitive biases and decision-making errors, readers can identify and counteract these influences in their own lives. This knowledge empowers individuals to make more informed choices, such as saving effectively, investing wisely, or avoiding debt traps, ultimately enhancing their financial stability and future prospects. -
Question:
What practical strategies does the book suggest for correcting money mistakes?
Answer: The book offers actionable strategies such as setting predefined financial goals, creating structured spending plans, and adopting reflective decision-making processes. By implementing these strategies, individuals can actively combat biases like impulse buying and emotional investments. Additionally, it encourages readers to seek diverse opinions before making major financial decisions, fostering a more balanced and rational approach toward money management. -
Question:
Can this book help entrepreneurs and business leaders?
Answer: Absolutely! Entrepreneurs and business leaders can benefit from the insights provided in this book to make better financial and strategic decisions. Understanding behavioral economics allows them to recognize potential pitfalls in their financial planning and investment choices. By applying the lessons learned, they can enhance their decision-making processes, leading to smarter resource allocation and ultimately, greater business success. -
Question:
Is there scientific research discussed in the book?
Answer: Yes, the book is grounded in the research of behavioral economics, featuring studies and experiments that illustrate key concepts. These empirical findings lend credibility to the arguments presented and help readers understand the scientific basis for why people often make poor financial decisions. By integrating real-world scenarios with research, the book serves as a comprehensive resource for readers looking to improve their financial acumen. -
Question:
What makes this book different from other personal finance guides?
Answer: Unlike traditional personal finance books that focus solely on strategies and tips, this book delves into the underlying psychological influences on financial behavior. By addressing the 'why' behind money mistakes, it offers a unique perspective that encourages self-awareness. This approach fosters a deeper understanding of one's financial habits, making it a distinctive and valuable addition to any reader's financial education toolkit. -
Question:
How can I apply the lessons from this book to my daily life?
Answer: Applying the lessons from this book involves becoming more aware of your financial behaviors and decision-making processes. Start by identifying specific cognitive biases you may encounter when making financial choices. Implement tools suggested in the book, such as setting clear financial goals and reviewing decisions before acting. Regularly reflecting on your spending habits can lead to more thoughtful and informed financial actions, resulting in improved financial outcomes over time. -
Question:
What are some common financial mistakes discussed in the book?
Answer: The book highlights several common financial mistakes, including neglecting to save early, succumbing to peer pressure during investments, and overestimating one's financial knowledge. It emphasizes how these errors originate from cognitive biases and emotional responses. By understanding these pitfalls, readers can apply corrective measures and strategies throughout their financial journey, ultimately avoiding the traps that lead to regrettable decisions. -
Question:
Where can I buy 'Why Smart People Make Big Money Mistakes and How to Correct Them' in The Gambia?
Answer: You can purchase 'Why Smart People Make Big Money Mistakes and How to Correct Them' from Ubuy in The Gambia. Ubuy provides a convenient platform to explore a variety of books and products, ensuring easy access to this insightful read. By shopping on Ubuy, you can enjoy a seamless experience while gaining valuable knowledge to enhance your financial decision-making.
Introduction Editorial Review
Customer Reviews & Ratings
-
5 Star
100%
-
4 Star
0%
-
3 Star
0%
-
2 Star
0%
-
1 Star
0%
Review this product
Share your thoughts with other customers
Product Price History
Important information
- Limitations : For products shipped internationally, please note that any manufacturer warranty may not be valid; manufacturer service options may not be available; product manuals, instructions, and safety warnings may not be in destination country languages; the products (and accompanying materials) may not be designed in accordance with destination country standards, specifications, and labeling requirements; and the products may not conform to destination country voltage and other electrical standards (requiring use of an adapter or converter if appropriate). The recipient is responsible for assuring that the product can be lawfully imported to the destination country. When ordering from Ubuy or its affiliates, the recipient is the importer of record and must comply with all laws and regulations of the destination country.
- Not all the products listed on Ubuy are for sale, as Ubuy is a global search engine. Products are subject to export/trade regulations.
GMD 709
Order now and get it around Monday, July 06
This item is not restrict in my country.(Please click on above link if this item is not restrict in your country, So our team will review and allow.)
QTY:
Ubuy works hard to protect your security and privacy. Our advanced payment security system ensures confidentiality by encrypting your information during transmission using AES (Advanced Encryption Standards) and SSL (Secure Socket Layer) protocols. Your payment details are 100% secure as we do not share your payment details with third party sellers.
Features & Benefits
- Understand the psychological forces behind financial decisions.
- Learn why savvy people often make irrational money choices.
- Discover strategies to avoid costly financial mistakes.
- Gain insights into behaviors like selling winning stocks too quickly.
- Equip yourself with practical advice and illustrative anecdotes.
- Harness the power of behavioral economics to improve your financial outcomes.