Heuristics and Fallacies we Think about Money

In stock
SKU
IW-103
SAR 30.00
  • Myths and false ideas we all have in mind about our Money- and how to clear them
  • Tool for financial intelligence- myths busting

Purpose

We pride ourselves as humans in being rational! Our logic and capacity to reason after all does set us apart from animals and crustacea.

However, in reality when making decisions about Money – whether spending, saving or investments – quite often we humans fall into a “mind trap”. We may follow irrational (even illogical) thinking and choose a Fallacy about Money. Let’s be very clear: this is your personal choice!

 

 

Purpose

  • We pride ourselves as humans in being rational! Our logic and capacity to reason after all does set us apart from animals and crustacea.
  • However, in reality when making decisions about Money – whether spending, saving or investments – quite often we humans fall into a “mind trap”. We may follow irrational (even illogical) thinking and choose a Fallacy about Money. Let’s be very clear: this is your personal choice!
  • Science has studied such odd human behavior and now provides us with an
    explanation. Thus, these flashcards are a simple roadmap for you to
    ➢ identify the main Fallacies we Think about Money
    ➢ reflect on the potential dangers to our finances in persisting with this way of Thinking
    ➢ suggest possible alternatives or steps to take in avoiding such Money “mind traps”
  • These flashcards are a practical method for self-learning – Heuristics – for Teens and Parents alike. Our aim of iwealth.org is to guide you in making daily clear headed decisions about Money.
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SKU IW-103
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Heuristics and Fallacies we Think about Money