Cognitive biases, specifically present bias and loss aversion, along with social and emotional influences, significantly impact financial behaviors and often hinder the achievement of long-term monetary objectives.

Authors

• Person: Satvik Agarwal Organization: HSA Tutoring
  The Psychology Behind Financial Choices: The Role of Cognitive ...

Sources

• The Psychology Behind Financial Choices: The Role of Cognitive ... tutoring.hsa.net Satvik Agarwal · HSA Tutoring via serper

Referenced by nodes (3)

• cognitive bias concept
• Present bias concept
• Loss aversion concept