7. The Status Quo Bias: Why We Often Stick to What We Know
In this episode of Lim Kopi Fridays with Adrian, we delve into the psychological phenomenon known as Status Quo Bias and its impact on financial decisions. Join me as I explore why we tend to stick to the familiar, even when a change could be more beneficial. I also talked about some practical strategies that I personally use to overcome this bias. Empower yourself to make informed decisions and embrace change for a brighter financial future. Don't let the status quo hold you back - tune in now!Join our Telegram Group, Beyond The Budget, as we discuss organising life, money, and business, and discover how our community can support you in your financial journey - https://t.me/beyondthebudget
