Ep. 243: Sticking to the Status Quo
Regret avoidance, loss aversion and cost can all be barriers to making a change in your financial plan. Without change, though, your plan stays stagnant and doesn't take full advantage of all the opportunities available. Is a status quo bias hindering your financial plan? A guest joins this episode of the bias summer series to discuss status quo bias and how to mitigate it.
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