Common financial biases and how to overcome them

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Common financial biases, and one big syndrome, could be preventing you from developing a successful “money mindset.” But you can move forward once you know what they are and how to address them.

For most of us — and for better or worse — our financial education begins well before our first savings account or credit card. In fact, by the age of 3, we can grasp money concepts, and by 7, we have money habits. And certainly, no research studies are required to tell us that by the time we’re fully formed adults, those behaviors are much harder to change.

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