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What is Behavioral Finance? Know how it affects your financial decisions!

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 D on't be stressed by reading the title of the article, it's not rocket science 😇. Even though you have zero knowledge of behavioral finance. After reading this you will get a fair idea about it with behavioral context to it.  So, what is behavioral finance? As the term suggests its "behavior + finance". But you might wonder, how behaviors and finance be correlated. Because what we understand by the term behavior is emotions, personality, psychology, or actions of individuals. In contrast to it finance is all about numbers, equations, balance sheets, investing, banking, loans, insurance, and many more. But don't worry, we will look into both terms in the simplest way possible and further you will see how we can correlate these terms with some examples.  The most common assumption of standard or traditional finance is that individuals make rational decisions based on all available information. But do we take rational decisions? But if we carefully observe society