Question
You will review Reddit, r/povertyfinance Personal Finance For The Financially Challenged (reddit.com), looking for spending and investing mistakes that behavioral economics can help address. This
You will review Reddit, r/povertyfinance Personal Finance For The Financially Challenged (reddit.com), looking for spending and investing mistakes that behavioral economics can help address. This assignment will help you further develop those valuable critical thinking, communication, professionalism, and technology career competencies. Tasks: Find a post reflecting mistakes relating to any of: Tunneling or mental bandwidth tax Cognitive biases such as present bias, self-control, loss aversion, sunk cost, overconfidence, etc. Spending based on relative value or cues that confuse Pain of paying Mispercieving risk In a Word document: Copy/paste the post with a link Explain which concepts from the list a. to e. above apply and why (2 sentences) Explain the advice you would offer the poster ( 2 sentences)
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