Hey Woman! Time to Take Care of Your Money

ME Survey 2020 found that 66% of unmarried women claim they don’t make financial decisions independently, and 28% rely on their dads. The percentage increased to 69% for married women.

Do you Focus more on the recent past? It can be Recency Bias

Giving importance to recent events and overlooking events that happened a while back is a type of cognitive bias called Recency Bias.

Are you a Victim of Confirmation Bias?

The selection of opinions and information that strengthens our pre-existing notions and refusal to acknowledge and accept other views is known as ‘Confirmation Bias’. 

But First, Find Out The Why

Currently, I am reading this new book by Robert Kiyosaki ‘Retire Young, Retire Rich’ and in this book, he gives a lot of importance to the ‘Why’. One of the questions involves finding out why do we want to be financially free. He says that ‘how’ is less important than the ‘why’. The ‘why’ is…

7 Reasons Why You Must Have an Emergency Fund in Your 20s

Before investing in mutual funds or setting up a Recurring Deposit (RD), it is essential to build an emergency fund. Think of emergency fund as your seat belt. It protects you from different vagaries of life. At least, financially. You don’t need to do a lot of research before building an emergency fund. You can…