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The psychology behind our money decisions
Manage episode 375727731 series 3478415
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How do biases affect your financial decision-making—and are they always negative? What do buying tulips and investing fads like meme stocks have in common? Can emotions and money actually mix well together?
In this episode of “Money and Mindset With Bright and Brian,” our hosts answer these questions and more as we take a beginner’s dive into the field of behavioral finance—the study of how your brain and emotions influence your decisions around money habits like spending, saving, and investing.
Tune in to find out about:
• Common mental shortcuts that sometimes help us, but sometimes get us into trouble.
• Why you shouldn’t always follow the herd when it comes to money.
• How emotions and money can mix in a positive way.
This content does not constitute legal, tax, accounting, financial, or investment advice. You are encouraged to consult with competent legal, tax, accounting, financial, or investment professionals based on your specific circumstances. We do not make any warranties as to accuracy or completeness of this information, do not endorse any third-party companies, products, or services described here, and take no liability for your use of this information.
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