Why Smart People Make Bad Money Decisions (Psychology Explained)

Why Smart People Make Bad Money Decisions (Psychology Explained)

Intelligence doesn’t protect people from financial mistakes. In fact, some of the worst money decisions are made by people who are otherwise rational, educated, and capable. The reason isn’t lack of knowledge—it’s money behaviors psychology. Financial choices are driven less by math and more by emotion, habit, identity, and unconscious bias. Most people assume bad … Read more