Be-IQ

#Financial #behaviour specialists, combining cutting-edge #academic and #scientific #research to create #multi_award #winning #fintech solution, Be-IQ™

[Neil Bage @neilbage]

Exercise tracking company Strava analysed more than 800 million activities and from that data reveal that most New Year's Resolutions will be abandoned today! #quittersday https://t.co/2eBXSA7pC9

[Seccl @SecclTech]

Thanks for a great #schrodersUKPA awards ceremony - and a particular shoutout to @BehaviouralIQ for their well deserved win 🙂

See you at next year’s @clivewaller @heatherahopkins @Next_wealth et al!

[Nucleus Financial @nucleuswrap]

Congratulations to all the worthy winners #SchrodersUKPA, including (but not limited to) @MurphyWealth @BehaviouralIQ and to @AJBell for winning the platform of the year award 👏🎉👏

[Be-IQ @BehaviouralIQ]

What a great way to end the year. Winning the Leading Innovation Award at the #SchroderUKPA awards!

[Neil Bage @neilbage]

Just registered for the @SchrodersUKPA 2020 where @BehaviouralIQ are short-listed for two awards. Good luck to all who are up for an award. Let's see if we can end the year on a high!

[Neil Bage @neilbage]

My latest article for @octomembers. This time I look at the fascinating but worrying exponential growth bias. https://t.co/kQBpnejFIq

[Andrew Appleyard @AndrewAppleyard]

Fascinating stuff - as always - from @neilbage of @BehaviouralIQ and @bitesizepodcast

[Neil Bage @neilbage]

7. Finally, the full image in all its glory! Enjoy.

[Neil Bage @neilbage]

6. Hyperbolic Discounting / Present Bias). It’s all about today. The bargains may not be around in the future, so you can’t wait. Plus, that immediate gratification feels really good!

[Neil Bage @neilbage]

5. Loss aversion. Black Friday is a 'flash sale’ and if you don’t act now, the offer will be taken away. The fear of losing out on the deal has an incredible pull.

[Neil Bage @neilbage]

4. Restraint bias. Over-estimating your ability to show restraint in the face of a bargain, even if the thing you’re buying isn’t something you really need.

[Neil Bage @neilbage]

3. Percentage neglect. The general inability of most people to accurately calculate percentages, especially ones that involve subtraction.

[Neil Bage @neilbage]

2. Regret aversion. Buying things on Black Friday because of a fear that, if you don’t buy them now, you may never get an opportunity like this again.

[Neil Bage @neilbage]

1. Anchoring. Deciding that something is a deal based on a reduced price point, without considering if you're still getting real value for money.

[Neil Bage @neilbage]

Black Friday is officially here, so I thought I'd re-post these images that I used last Black Friday! #behaviouralinsight

[Nedbank Private Wealth @NBPrivateWealth]

Connect with us on a journey into the human mind and discover how it influences financial behaviour, with renowned international behavioural expert @neilbage . Get insights and practical tips for making better financial decisions. RSVP today. https://t.co/gRrzV9gF3N

[Neil Bage @neilbage]

The benefit of hosting a podcast this is 'bitesized' means you can turn each episode into a bitesized article, therefore creating the hashtag #readthepodcast

[Neil Bage @neilbage]

Really looking forward to speaking at this tomorrow with @behaviorgap and @philbray73 from @yardstickagency.
13 more people needed to make it my largest virtual audience of the lockdown. Come on... we can do it!

[Neil Bage @neilbage]

"In our modern, fast-paced world, we need to be able to distinguish between fake and real. This task is becoming increasingly more complex. What this means in essence is a rise in behavioural bias, and therefore a rise in decisions that could go wrong."

https://t.co/nOogb66KBH

[James Dunne @jaydunne81]

Over £55Mn has been lost to investment scams in the first 6 months of this year. Investment fraud is up 27% vs 2019. We must continue to educate ourselves, friends and loved ones about this devastating trend.