Psychology Archives

Nudge: How Choice Designers Influence Decisions

What are choice designers in the book Nudge? What steps do choice designers such as parents often take to influence their children to make better decisions? In the book Nudge, the authors present six techniques that can be used to influence the decisions of others. The authors present these methods in hopes that the choice designers will lead the choosers to a more positive decision, but many marketing companies use them to manipulate customers. Continue reading to learn how decisions can be influenced.

Investment Biases and Loss Aversion Psychology

What are the most common investment biases? How do the authors of Nudge suggest overcoming those biases? In the book Nudge, authors Thaler and Sunstein note that the main reason people are nervous about investing and about defined contribution retirement benefits is because of the loss aversion bias. The authors discuss the nuances of loss aversion and some tips to overcome it. Continue below for advice on how to avoid investment biases, according to the authors of Nudge.

How to Deal With Failure at Work: Build Resilience

How to Deal With Failure at Work and Build Resilience

Is learning how to deal with failure at work important? How do you develop failure resilience? Knowing how to deal with failure at work helps you handle risks and try new ideas because you are confident in your ability to recover from any setback. You develop failure resilience by recognizing and questioning your emotional response to failure. You must also unravel any story you create around past failures. Read more about how to deal with failure at work.

The 6 Rich Mindsets: The Secret to Wealth

How Economic Outpatient Care Leads to UAW Children

What do rich people do differently? Can anyone become rich if they start thinking as rich people do? According to T. Harv Eker, the author of Secrets of the Millionaire Mind, rich people have a specific attitude towards money and they manage their finances in a particular way. The more you think like a rich person, the more you’ll improve your money mindset that will, in turn, help you improve your state of finances. In this article, we’ll explore how developing a rich mindset leads to wealth and some strategies to help you adopt and cultivate a wealthy attitude that

Feeling Insecure at Work? Handle Your First Bad Drafts

What makes people feel insecure at work? How can you stop feeling unconfident? People start to feel insecure at work during times of uncertainty. They develop stories—bad first drafts—largely built around their biases rather than facts. You deal with your insecurities by questioning the story you are telling yourself, and revealing the biases in those stories. Read more about how to get over the feeling of being insecure at work.

T. Harv Eker: How Rich People Think

How do rich people think? What role does your money mindset (how you think and what you believe about money) play in the state of your finances? According to T. Harv Eker, the author of Secrets of the Millionaire Mind, rich people, who didn’t come from a rich background and who made their wealth themselves, have vastly different beliefs about money compared to most people. They have what he calls the “rich mindset.” In this article, we’ll discuss the different ways Eker says that rich people think and act in relation to money, and explore some practical techniques for practicing

The 6 Telltale Signs You Are Suppressing Your Emotions

6 Common Signs You Are Suppressing Your Emotions

What is the danger in suppressing your emotions? How do you know you are bottling up your feelings? Suppressing your emotions will cause them to manifest in ways that are not aligned with who you are. Your bottled-up feelings will make you manifest behaviors that are contradictory to your values. You will know you have suppressed feelings when you start avoiding engagement with others or start replacing hurt with anger. Read on to learn more about the dangers of suppressing your emotions.

How to Boost Employees’ Confidence: Tips for Leaders

How does employees’ self-confidence affect performance? What can you, as a leader, do to boost your employees’ confidence in their roles? Most leaders realize that competence is important, but confidence is just as crucial. In fact, studies have shown that self-confidence is an even stronger predictor of performance than skill level or training. To boost your employees’ confidence in their roles, follow these practices.

To Cultivate Self-Trust, Take Note of Small Moments

Self-Trust: How to Build and Maintain It

What is self-trust? How do you build trust in yourself? Self-trust is the belief in your ability to face and overcome difficult situations without fixating on perfection. Trusting yourself requires the recollection of past moments where you proved yourself capable of tackling challenging obstacles. Read on about how to build self-trust.

Tribes by Seth Godin: Definition & Characteristics

What makes any group a tribe? How does Tribes by Seth Godin define a tribe? Tribes are everywhere. Likely, you’re in more than one. In Tribes, Seth Godin defines a tribe as a group of people connected to a belief, a leader, and each other. Keep reading to get some insight on the concept of tribes according to Seth Godin’s Tribes—as well as some supplementary ideas and counterpoints from other experts.