Why People Are Irrational, Biased and Emotional With Money
Thursday, December 05, 2024
Webcast or Webinar, Online
2:00 PM - 4:00 PM (opens at 1:30 PM) EST
2Credits
Behavioral
Registration is Open
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$89.00 Regular Price
Non-Members
$119.00 Regular Price
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Course Type: Webcast
Course Code: 24/CX47000
Level: Overview
Vendor: CPA Crossings, LLC
Field of Study: Behavioral Ethics
Overview:
In this course, we will explore the psychological and behavioral factors that contribute to irrational and biased money decision-making. We will examine the role of cognitive biases and emotions in financial decision-making, and discuss strategies for overcoming these biases to make more rational financial choices. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.Objectives:
After attending this presentation, you will be able to...- Recognize the psychological and behavioral factors that contribute to irrational and biased money decision-making
- Identify common cognitive biases that impact financial decision-making
- Identify the role of mental accounting in financial decision-making
- Recognize the dangers of the ostrich effect in financial planning
- Use strategies for overcoming cognitive biases and emotions in financial decision-making
- Recognize the impact of present bias on financial planning
- Recognize the pitfalls of the sunk-cost fallacy in financial decision-making
- Identify the role of anchoring bias in financial decision-making
- Recognize the impact of status quo bias on financial decision-making
- Recognize the dangers of the bandwagon effect in financial planning
Major Topics:
The major topics covered in this course include:
Major Topics:
The major topics covered in this course include: