Cognitive Bias
The tendency to search for information that supports our preconceptions and ignore or distort contradictory evidence
Confirmation Bias
Blake's friends are all going to a music concert. Blake hasn't saved up enough money but buys a ticket because he doesn't want to miss out
FOMO
Inner
Which country is known as the "Land of the Rising Sun"?
Japan
Who holds the record for the most home runs in a single MLB season?
Barry Bonds
FOMO
Naomi is considering taking a year off from college after high school, but none of her friends are so she registers against her will.
I feel that I have to keep track of all the money I have in order to know if I can afford something
Financial
Who wrote the novel "1984"?
George Orwell
In tennis, who was the first player to win 20 Grand Slam singles titles?
Roger Federer
The tendency to conform to the behaviors and beliefs of people around you
Herd Mentality
Bob keeps putting money into his old clunker of a car, even though it won't drive. He has already sunk in 5 grand but isn't stopping.
Sunk Cost Fallacy
I just like to spend money regardless of if I can afford it or not - If I see something I buy it
Physical
Washington DC
In 2022, who broke the record for most career goals in men's international football?
Cristiano Ronaldo
The tendency to regard losses as considerably more important than gains of a comparable magnitude
Loss Aversion
Daniel doesn't like to gamble, even though all of his friends do it he is afraid of losing money
Loss Aversion
If I see someone else with the same pair of sunglasses, I will buy it regardless of whether or not I can afford it
Social
In Greek mythology, who is the goddess of wisdom, courage, and warfare?
Athena
Which NFL team won the most recent Super Bowl (Super Bowl LVIII) in February 2024?
Kansas City Chiefs
The tendency to make decisions about a current situation based on what resources you have already invested in the situation
Sunk Cost Fallacy
Gabe just learned about investing and he thinks he can do it like a pro. He invests $10,000 dollars his entire savings into the stock market.
Overconfidence
Which actor played the character of Tony Stark (Iron Man) in the Marvel Cinematic Universe?
Robert Downey, Jr.
Which team won the second most world series titles?
St. Louis Cardinals