It’s Sunday, which means...It’s recap time! 

The theme for this week was: behavioral finance. An incredibly important topic when it comes to your money and your retirement, yet at the same time it’s something that few people really, truly understand. 

So this week, I talked about what behavioral finance is, what it means for your retirement, and how you can use behavioral finance concepts to avoid some of the biggest blunders when it comes to your retirement. 

Here’s what we covered in each episode this week: 

• How behavioral finance influences your decision-making and can easily lead you astray
• Why people are such bad investors...and how you can avoid the biggest blunder of all
• And a couple of important behavioral finance concepts, namely loss aversion & herd behavior 
• How awareness can help improve your money decision-making skills

If you missed any of these episodes or if you want to revisit any of them, you can find them on iTunes, Spotify, or Google Play by searching for the “One Minute Retirement Tip with Ashley”. 

Tomorrow we’re actually continuing on this behavioral finance theme, and I’m going to going into more detail on several other behavioral finance topics. You can actually get a college degree in this topic, so it’s a pretty deep topic that we could spend many many weeks covering. But I want to give you a deeper understanding of this important topic to help you improve your decision-making skills when it comes to your money, your investments, and your retirement. 

Come on back next week, where we’ll continue our studies of behavioral finance and its impact on you. 

That’s it for this week! Thanks for listening and I hope you have a blessed Sunday! 

My name is Ashley Micciche and this is the “One Minute Retirement Tip”.

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