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…
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Ep 62: Mental Blocks That Mess Up Your Finances
Manage episode 343225856 series 2643568
Content provided by Walter Storholt and Mark Howard. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Walter Storholt and Mark Howard or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Many of us get mental blocks from time to time. But did you know these blocks can also impact your financial planning?
We’ll explain what IKEA and bikes have to do with optimism and pessimism and why you might be handling your finances the wrong way.
What we discuss in this episode:
- How the “IKEA-effect” causes us to place a higher value on things we partially created ourselves. (1:00)
- Why being extremely optimistic might be the wrong approach when it comes to your finances. (3:18)
- How extreme pessimists sometimes have their assets in cash instead of investments and why that’s not a great idea. (4:49)
Read more and get additional financial resources here: http://retirementhuddle.com
106 episodes
Share
Manage episode 343225856 series 2643568
Content provided by Walter Storholt and Mark Howard. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Walter Storholt and Mark Howard or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Many of us get mental blocks from time to time. But did you know these blocks can also impact your financial planning?
We’ll explain what IKEA and bikes have to do with optimism and pessimism and why you might be handling your finances the wrong way.
What we discuss in this episode:
- How the “IKEA-effect” causes us to place a higher value on things we partially created ourselves. (1:00)
- Why being extremely optimistic might be the wrong approach when it comes to your finances. (3:18)
- How extreme pessimists sometimes have their assets in cash instead of investments and why that’s not a great idea. (4:49)
Read more and get additional financial resources here: http://retirementhuddle.com
106 episodes
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Similar to The Retirement Huddle
Call them changemakers. Call them rule breakers. We call them Redefiners. And in this provocative podcast, we explore how daring leaders from across industries and around the globe are redefining their organizations—and themselves—to create extraordinary impact in today’s rapidly changing world. In each episode, Russell Reynolds Associates Leadership Advisor Hoda Tahoun and former CEO Clarke Murphy host engaging, purposeful conversations with leaders in and out of the business world who shar ...
…
continue reading
This famously is the year of elections. So the Stephanomics feed has been taken over by our bonus series, Voternomics. It’s a weekly look at the way geopolitics - and elections - are upending the longstanding assumptions of policymakers and business people around the world. Hosted by Stephanie Flanders, head of Bloomberg Economics and former BBC economics editor, former government advisor Allegra Stratton and Opinion columnist and author Adrian Wooldridge.
…
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Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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Navigating today's global economy and deciphering investment choices can be an intricate endeavor. The influx of opinions and ever-shifting financial data adds to the challenge. For those committed to success, staying informed through market education and unbiased guidance is paramount. This realization has led an increasing number of individuals to integrate KPP Financial's 'InvestTalk' radio program and podcast into their investment strategies. InvestTalk, a daily program, delves into a ra ...
…
continue reading
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…
continue reading
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An archive of each full weekday episode of the award-winning program presented by Bruce Whitfield.
…
continue reading
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…
continue reading
Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, George Kamel, Jade Warshaw, and Dr. John Delony.
…
continue reading
Named 2023 Best Personal Finance podcast by Bankrate.com, The Stacking Benjamins Show has a light and friendly tone. Hosts Joe Saul-Sehy and OG aim to make financial literacy fun for all as they sit around the card table in Joe's Mom's half-finished basement and talk with experts about personal finance, saving, investing, and important money trends. As Fast Company once wrote, the Stacking Benjamins podcast "strikes a great balance of fun and functional." So join Joe and OG every Monday, Wed ...
…
continue reading
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