Psychology of money versus behavioral economy: Which one is for you?

Psychology of money versus behavioral economy: Which one is for you?

We know that teaching personal finances is more than just figures, dollars and cent; It’s about people, their behavior and the relationships they have with money. That’s why our Certification courses Go beyond lessons: helping educators to build trust and generate meaningful class discussions. Two of our most popular courses, Psychology of money & Behavioral economyCover overlapping subjects, but approach them in different ways. Curious which one is for you? Let’s find out what they are about!

This course uses the best -selling book by Morgan Housel as a basis and invites you to investigate the personal side of money. You will think about your experiences, investigate what our attitude is and dig in why ‘enough’ is such a difficult concept. We will investigate questions such as: What does it really mean to be rich? How can we prepare for surprises in our direction? And how can money help us live with more freedom?

Bonus: You can talk to Morgan Housel during session 4! This special live Q&A is a favorite among teachers. It is an opportunity to ask questions, to hear insights and connect the course content with Morgan’s own experiences.

This course sets up the science of decision -making and pushes us to investigate our own cognitive shortcuts. Through hands-on activities you will experience the cognitive prejudices that form our choices. Why are we more afraid of losing than we appreciate profit? How does FOMO encourage our expenses and investing? What role does reclamation or confirmation advantage play in financial errors?

By investigating concepts such as the gift effect, Hedonic adjustment and the tricks that marketers use to influence consumers, you learn to help your students (and yourself!) To find and combat these prejudices. This course is especially valuable if you want to bring research into your classroom in an exciting, interactive way.

Whatever you choose, you can’t go wrong

Both courses shine a light on the human side of money in ways that make your lessons more personal (so more powerful) and your classroom more attractive. Psychology of money leans in stories and self -reflection; Behavioral economy Leans to experiments and science.

So what do you appeal to? Ready to register And see money in a whole new way?

#Psychology #money #behavioral #economy

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