Money Decisions3 min read
Behavioral Finance of Debt Decisions
Behavioral finance explains why smart people make slow debt progress: present bias, mental accounting, loss aversion, and status spending. Learn the traps and design better defaults.
Tag: behavioral finance
2 articles
Debt Payoff Strategies3 min read
Why Most People Stay in Debt (Behavioral Reasons)
Why most people stay in debt: minimum payment habits, lifestyle inflation, and avoidance—not bad math. Learn the behavioral traps and how to break each one.