Behavioral Finance: Meaning, Types, and Its Importance
Money decisions aren’t just about budgets, investments, or savings—they’re mostly tied to emotions, traditions, and habits passed down through generations. From our parents’ gold investments to the “fixed deposit is best” thinking, financial behavior is shaped by more than just numbers. This is where behavioral finance meaning becomes important. Unlike traditional finance, behavioral investing focuses … Behavioral Finance: Meaning, Types, and Its Importance