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#behavioral-economics

Behavioral Economics

Apply behavioral economics to financial management

2 postsView all tags
The Psychology of Scope Creep: Why Smart Professionals Quietly Give Away Revenue
·mike

The Psychology of Scope Creep: Why Smart Professionals Quietly Give Away Revenue

Freelancers lose $7,800 to $15,600 a year to unbilled work, and 99% of agencies fail to bill for at least some out-of-scope requests. Scope creep is not a contract failure but a psychological one, driven by four mental patterns that fire in the thirty seconds between a client request and the reply.

freelance
consulting
financial-psychology
Decoding Your Financial DNA: How Plain Text Accounting Reveals Hidden Money Behaviors
·mike

Decoding Your Financial DNA: How Plain Text Accounting Reveals Hidden Money Behaviors

Plain text accounting unveils the intricate relationship between your spending habits and emotional states, offering insights into your financial decisions and revealing the deeper motivations behind your purchases.

accounting
personal-finance
behavioral-finance