To understand the various behavioral biases that affect individuals in their personal financial planning
To examine the potential consequences of these biases on financial decision-making and outcomes
To identify strategies for overcoming these biases and improving personal financial management practices
Conduct a literature review on behavioral biases in finance and personal financial planning
Analyze case studies or examples showcasing different biases in action and their impact on financial decisions
Develop a survey or questionnaire to assess the prevalence of these biases among individuals
Propose recommendations for individuals to mitigate the effects of behavioral biases in their financial planning processes.
