Evance Okoth

0 Followers

0 Following

1 Articles

0 Likes

Articles by Evance Okoth

Discover the latest stories and articles from this author.

Finance and Business

How Your Mind Messes with Your Money: Cultivate a healthy Money-Mindset

7 Hits Evance Okoth Mar 20, 2024, 6:16 PM Mar 20, 2024, 6:16 PM

In behavioral finance, it is proposed that psychological influences together with bias affects the behavior of a lot of investors and financial analysts. Biases like herd mentality and anchoring can always lead to poor financial decisions. To cultivate a healthy money mindset, you have to focus on the long-term goals while avoiding get-rich-quick schemes.