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Behavioral Economics, Explained

Learn more about moneyandinvestments with this collection

How to make rational decisions

The role of biases in decision-making

The impact of social norms on decision-making

Behavioral Economics, Explained

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Ask For Help

Ask For Help

It takes a village to make a person successful, and anyone who’s got to the top of their field will back that statement up. Not to take away from the hard work of the millionaires that have risen through the ranks, but success is never a single-player game.As Dr. Majid Kazmi, CEO of uGen Group puts it, “It may sound paradoxical, but strength comes from vulnerability. You have to ask the question to get the answer, even though asking the question means you didn't know.”

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Stay Curious

Stay Curious

The biggest marker of a person slated for success? The desire to keep learning. Only the arrogant truly believe they know everything there is to know. The people who know the most, however, always believe there is much more they don’t. Example: Former chairperson and chief execut...

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413 reads

Make–And Follow–A Routine

Make–And Follow–A Routine

Even though they might seem like risk-takers in every possible way, most millionaires are creatures of habit. Their day usually follows a format; one that optimises for their time and productivity. From an early start to a set bedtime, to designated time for exercise, emails and down-time, most s...

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384 reads

Set Clear Goals

Set Clear Goals

‘Dream’ is a buzzword that is bandied about a lot in motivational speeches, but the most successful people know that the real distinction is not to have dreams, but goals. A dream is a general idea, a wish for something that you desire personally or professionally.

A goal, however

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320 reads

Start The Day Early

Start The Day Early

The phrase ‘the early bird catches the worm’ isn’t lore–it has very real-world repercussions. Most millionaires (and, naturally, billionaires) get their game face on as early as 5:30am.

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CURATED FROM

CURATED BY

chinmay_anand

I think therefore I am.

There’s a lot less that separates you from the average millionaire than you think. I mean, sure, it's a few zeros in your bank balance and a few vintage cars in your garage, but a lot of the people you admire right now started out not too far from where you are. 

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