5 Cognitive Biases That Lead to Difficulty in Divorce Finances

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In the 1970s, Amos Tversky and Daniel Kahneman introduced the concept of cognitive bias to help explain why their studies showed people diverging from rational choice making. Since then, a number of these biases have been identified, and social scientists study how they affect decision-making in a variety of areas (finance being one of them).

Jennifer Jank

CDFA®, CFP®

Jennifer “JJ” Jank focuses on women and their financial needs, and her goal is to empower women through financial education, including divorce financial analysis. She is a Certified Financial Planner™ and a Certified Divorce Financial Analyst® professional. She is a speaker and author on various financial topics, such as “Silver Divorce” and financial planning. She can be found on the internet through either of her websites, www.divorcenest.com and www.fabfemfinance.

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