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This is how you build wealth - The Plain Bagel

Making Money

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Balance Instinct and Analysis in Financial Decisions

Effective money management requires an understanding of human behavior, particularly the tension between instinctual and analytical thinking. The primal 'reptilian' brain can dominate over rational thought, leading to impulsive financial decisions, especially in volatile environments like stock market investing. Additionally, the influence of Finfluencers on platforms like YouTube can exacerbate this issue by promoting sensational content that distracts from sound investment principles. This dynamic highlights the importance of engaging with financial advisors who can help manage behavioral biases and promote more thoughtful investment strategies.

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