Covid19, Will uncertainty allow us to embrace good habits? Behavioral economics says …
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Covid19, Will uncertainty allow us to embrace good habits? Behavioral economics says …

We are experiencing a paradox, a great paradox. And it is not good. Uncertainty in the long term but in the middle of duplicated days. For more than two months, we have been living in “Groundhog Day”. The effects and evolution of Covid19 in the generation of millions of infections and thousands of deaths, the […]

Covid19. You are all heroes. A bonus for our heroes? Behavioral economics says …
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Covid19. You are all heroes. A bonus for our heroes? Behavioral economics says …

My personal, very deep, recognition goes to those of you who have been working since the beginning of the Covid19 crisis on the front line, with risks to your health and that of your families: health-care staff, security forces, transporters, employees of the Post Office and bakeries, employees of supermarkets, gardeners, employees of financial institutions, […]

Thinking more cleverly, to save and invest.
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Thinking more cleverly, to save and invest.

What kind of personality best describes you as an investor? Financial coaching (2) Our different personality traits and preferences, along with a wide range of behavior with emotional and cognitive biases, have a strong impact on the way that we invest. The following are the ten worst errors of beginner investors. The idea that our money works […]

Coaching is also financial
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Coaching is also financial

Coaching is also financial (1) Financial coaching is emerging as a differentiated approach to develop financial skills. It is a process that helps people to define financial goals and implement action plans. Financial coaching is currently developing and facing several challenges, including the lack of evidence in the practice. The development of financial coaching will […]

Nudges for our financial health
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Nudges for our financial health

Financial inclusion can be improved by nudges. We can give a hand to our decision-making. Yes, people can. You can improve financial inclusion by nudges in a country like Afghanistan, in which only 10% of Afghans have a Bank account to save in. With the help of behavioral economics a savings product has been designed. M-pasandaz (“M-saving” in Dari) automatically and through mobile […]

Save more tomorrow
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Save more tomorrow

The Save More Tomorrow, SMarT Plan, by Sholomo Benarzti and Richard Thaler, 2004, proposed a way to deal with the problems of retirement savings. No matter what we do, we are all in organizations pursuing changes in people’s behavior. This is the decision process in order to save for retirement. Analyzing the process we can […]

Show me the money!
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Show me the money!

We live in the present, we are temporary discounters. We live our own cognitive biases: present, self-control, optimism, inertia, herd effect … There are proposals that emerge from Behavioral Economics that will help us to make the optimal decisions for us. And we are going to talk about our future and make it a reality. […]