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#592: TL;DR - 3 Common Biases that Lead to Big Money Mistakes
Manage episode 455834899 series 2498672
TL;DR - Too Long; Didn't Read - "3 Common Biases that Lead to Big Money Mistakes"
In our new TL;DR series episode, Matt reads his article where he discusses how cognitive biases can lead to poor decision making in financial matters. The three common biases that are highlighted are: overconfidence bias, the bandwagon effect, and the sunk cost fallacy. Tune in to be aware of these biases and how to help you make better, long term decisions.
Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.
See how easy payroll and benefits can be. As a dental practice owner, paying and taking care of your team can be tough—especially if you’re not using a tool like Gusto. Gusto takes the pain out of payroll, benefits, onboarding, and HR. Even better? Our listeners get 3 months free at gusto.com/dentistadvisors. That’s gusto.com/dentistadvisors.
595 episod
#592: TL;DR - 3 Common Biases that Lead to Big Money Mistakes
The Dentist Money Show | Financial Planning & Wealth Management
Manage episode 455834899 series 2498672
TL;DR - Too Long; Didn't Read - "3 Common Biases that Lead to Big Money Mistakes"
In our new TL;DR series episode, Matt reads his article where he discusses how cognitive biases can lead to poor decision making in financial matters. The three common biases that are highlighted are: overconfidence bias, the bandwagon effect, and the sunk cost fallacy. Tune in to be aware of these biases and how to help you make better, long term decisions.
Book a free consultation with a CFP® advisor who only works with dentists. Get an objective financial assessment and learn how Dentist Advisors can help you live your rich life.
See how easy payroll and benefits can be. As a dental practice owner, paying and taking care of your team can be tough—especially if you’re not using a tool like Gusto. Gusto takes the pain out of payroll, benefits, onboarding, and HR. Even better? Our listeners get 3 months free at gusto.com/dentistadvisors. That’s gusto.com/dentistadvisors.
595 episod
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