Our minds are more than spreadsheets

After a year of holding back on festivals, plays, or going out without concern about a deadly virus, many of us will spend beyond our limits if we don't prepare for the powerful emotions that will sweep through us.

Our minds are not just based on mathematical equations but mixed up with feelings, reactions, and mental shortcuts. Behavioural economics identified over 100 ways people from all walks of life fail to think straight when it comes to money.