Intesa Sanpaolo launches the project "Psyche, emotions and decisions” with four online appointments, scheduled for 20, 21, 25 and 28 October always at 18, to explore and talk about financial education with new languages and in a passionate, interactive and fun way.
Italy is among the OECD countries with a lower than average degree of financial literacy and the health crisis has increased fear and uncertainty, leading people to an excess of caution and immobilism in their financial choices. The initiative, carried out by the Savings Museum in collaboration with the Banca dei Territori Division of Intesa Sanpaolo, in collaboration with Taxi 1729, a scientific training and communication company made up of young mathematicians and physicists, aims to consolidate the Bank's role as an engine of change and to bring people closer to financial education in a simple and clear way.
He will intervene in all meetings Jeanne Paladin, Director and curator of the Museum of Savings, alongside the Regional Directors of the Banca dei Territori Teresio Head (Northern Piedmont, Valle d'Aosta and Sardinia), Joseph Nargi (Campania, Calabria, Sicily), Luca Severini (Tuscany, Umbria) e Pierluigi Monceri (Lazio, Abruzzo), as well as the guys from Taxi 1729, who will also talk about science, in particular behavioral finance, in a precise, in-depth and entertaining way.
The webinars will start on October 20 with the meeting entitled "I told you! Hindsight and financial forecasting” where the theme of knowing how to recognize and learn from our mistakes will be addressed.
In recent months we have quickly gone from the feeling that "nothing will ever be the same again" to "it's a serious situation, but we can't block everything for months!". How will it end? What is certain is that in a few months many will say «I knew it, it was obvious, that it would end like this» and will judge in hindsight who had to make decisions in such a complex moment. Also in finance the "hindsight bias", often due to an excessive degree of confidence in one's own abilities, leads to adopting wrong behaviors. Learning from your mistakes to make the right decisions is the central theme of the first webinar.
It continues on October 21 with “The courage to change. Adaptation and resilience” when we talk about how to adapt to changes.
Our life in the coming months will never be the same, but getting used to it will be easier than it seems. The secret? "Resilience", the mechanism that, even in finance, allows us to adapt to change. Space for the courage to change in the second webinar.
The Third EncounterWords matter! Framing effect and conscious use of information” is scheduled for October 25 and will deal with how to identify the correct information and evaluate it critically.
Is the glass half full or half empty? Both options, but how you choose to describe it says a lot about how people see it. In jargon it is called "framing" and it is the mechanism by which the way in which facts are told and described affects the judgment we make of them. Even in the field of financial information, it is quite common to witness data distortions: knowing how to discern the correct information and evaluate it with the necessary critical spirit is the theme at the center of the third webinar.
In the last appointment on October 28 entitled "Risk: instinct or reason? How to decide in conditions of uncertainty” we will talk about how to know how to make informed decisions in conditions of uncertainty.
Fear and irrational factors influence the perception of risk, influencing financial decisions. Understanding and recognizing these influences can help you make conscious decisions about how to manage your money, especially in conditions of uncertainty.
