By now, you're (hopefully) intimately familiar with how discoveries in behavioral finance have changed by 401(k) plan designs and Investment Policy Statements.
If you remember last week's article ("Developing Good Habits Early Trumps Urge to Make 'Want' Decisions"), you have been introduced to a new and different perspective from the wonderful world of behavioral studies.
While, at first glance, that research might appear theoretical, it's not hard to see how it has very practical applications.
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