Home buying: Understanding the decoy effect can help you make better decisions when comparing properties, by focusing on the features that matter most to you.

Home buying: Recognizing loss aversion can help you avoid overvaluing a current property, leading to more objective assessments when considering a new home purchase.

Home Improvement: Recognizing the correlation-causation fallacy can help you make more informed decisions about home improvement projects, considering multiple factors that may contribute to observed correlations.

Home Improvement: Recognizing clustering bias can help you make more informed decisions about home improvement projects, without assuming that a series of successes or failures reflects a pattern.

Purchasing decisions: Recognizing the sunk cost fallacy can help you avoid buying unnecessary items or upgrades just because you've already spent money on related products or services.

Purchasing Decisions: Realizing that buying new items (like clothes or gadgets) brings temporary joy can help you prioritize experiences or investments that offer long-lasting satisfaction, like travel or learning.

Consumer electronics purchases: Making informed buying decisions by weighing the potential benefits of waiting for upcoming product releases against the needs of the present.

Investing in stocks: Recognizing the gambler's fallacy can help you make more rational decisions about buying or selling stocks, based on objective analysis rather than recent trends.

Home Improvement Projects: Applying SMART goals to home improvement projects can lead to successful outcomes.

Home maintenance: Knowing optimism bias can help you be proactive in maintaining your home, addressing potential issues before they become more significant problems.