Zaber Vai

Behavioral Finance: Psychology of Money in 2025 Introduction: Why Money Is Never Just About Numbers In classical economics, money is rational. People are assumed to make logical decisions, maximize utility, compare costs and benefits, and always act in their best financial interest. But real life tells a very different story. People overspend even when they know they shouldn’t. They avoid investing despite understanding inflation. They panic during market crashes and chase trends during booms. Small business owners mix personal emotions with business finances, sometimes risking everything on intuition alone. This gap between theory and reality is where Behavioral Finance exists. Behavioral finance studies how psychology, emotions, cognitive biases, social pressure, habits, and past experiences shape our financial decisions. In 2025, this field has become more relevant than ever due to economic uncertainty, AI-driven finance tools, social media influence, global inflation cyc...

Risk Identification: Knowing What Can Go Wrong A Complete Guide for Students, Beginners & Future Professionals Risk touches every part of our lives — even when we don’t notice it. Whether a business is launching a new product, a university student is planning a semester abroad, or a school student is preparing a science project, risks exist everywhere . The most successful organizations and individuals are not the ones who avoid risk completely (which is impossible), but the ones who identify risks early , understand them, and take smart steps to manage them. This article explains the first and most critical step in risk management: Risk Identification . This is the foundation of all other risk processes. If you identify risks correctly , you can manage them. If you miss the important risks, even the best strategies won’t help later. This guide breaks down: What risk identification really means Why it matters How students, businesses, and organizations identify risks Detailed e...