FinWizdom is a unique podcast series dedicated to financial education. Learn about investment concepts and various psychological influences that can potentially help you make more informed decisions about your money in a fun and engaging way. Visit www.finwizdom.com to learn more.
Tis the season...or is it? Are you more of a giver or a taker? Regardless if you have been extra naughty or extra nice, either one can foster regrets that impact your financial decision-making. (And don't let the title make you think I'm the Grinch!)
Have you always been a good egg when it comes to your money? Learn about the influences of moral regrets and the seven deadly sins of financial behavior.
What does the Wizard of Oz story and playing it safe have to do with managing your money? Listen to the second episode of Season 5 as we follow the yellow brick road to FinWizdom.
Past performance DOES impact future results...if you allow it to influence your financial decisions. In this episode, learn how regrets are impacting your ability to manage your money and how you can change them to a positive influence.
In one of the most unique FinWizdom episodes to-date, be prepared to take a walk in the woods with a very special guest who is a money relationship integrator. Join us as we discuss and reveal the secret sauce to achieving financial well-being.
There's a reason why you love shopping at IKEA and it may not be what you were expecting. This mysterious rationale is also impacting the way you manage your money. Listen to this special episode where we interview customers of this famous Swedish company to find out if they know what this love affair is all about.
Whether you realize it or not, you're engaged in playing games daily...you just might not realize it. Discover its attraction over us and how it is influencing your decisions about money.
What could a mouse, a cookie and New Year's resolutions all possibly have in common? Find out in this very special, bonus episode of FinWizdom where we explore how your lifestyle choices impact your financial decision-making.
Having trouble deciding what's for dinner tonight? You may have a craving for a particular flavor, but are you feeling pressure from friends or family to choose something different? You may even feel bullied into submission into something you don't even like. A similar scenario may be impacting your ability to manage your money.
It's time to tune in to the latest episode of FinWizdom as we continue discussing the newer concept of noise and behavioral variability, and the impact they have on making sound financial decisions.
Remember playing the game rock-paper-scissors? A harmless game in your youth, but not so harmless game when metaphorically experiencing it when making financial decisions. If you have ever been moody, or know someone who is often moody, you are not only experiencing a rollercoaster ride, but so are your judgments.
Tune into the latest episode where we explore how "special occasions" impact behavioral variability, along with a special guest to help us understand the impact machine learning can have on reducing "noise."
Do you feel manipulated by "experts" when seeking to make decisions? Is it further confusing when the reviews and recommendations are inconsistent for the same challenge you desire to overcome? Failure to recognize how one's past experiences shape the advice you receive could have a detrimental effect on your ability to manage your money.
Discover how to spot this behavioral risk. Listen to this episode of FinWizdom as we continue discussing the newer concept of noise and behavioral variability, and their impact on your decision-making process.
How much do personal relationships influence your judgment and your financial decisions? Find out in this episode of FinWizdom as we continue the discussion about the newer concept of noise and behavioral variability, and their impact on your ability to manage your money.
Do you remember Halloween when you were a child and looked forward to trick or treating? But sometimes you were a little frustrated, because the goodies you received were sometimes less desirable than others. Well, believe or not, you're reliving this experience every day in the form of noise--a newer concept of behavioral economics.
Join me in the first episode of the season to learn about behavioral variability and how it is impacting your ability to make sound judgements.
What would sink a perfectly good ship sitting in a harbor on a beautiful sunny day? And how in the world does this matter or even connected to financial decision-making? Find out in this season's last episode of FinWizdom!
How can it be...with so many tasty flavors of jam to choose from that I'm less likely to buy anything at all?!! Learn how freedom of choice can sometimes become quite restraining and how this impacts your ability to manage your money...today on FinWizdom!
The decisions we make are often influenced by our past experiences. For those with less life experiences, you are more likely to be heavily influenced by analytics and peer groups. Either way, to avoid the pitfalls that may impact money management, you might have to reset your compass.
Find out why this matters to managing your money...today on FinWizdom.
**We often make decisions based on the way information is presented, as opposed to just on the facts themselves. The same facts presented in two different ways can lead us to make different judgments or decisions. Can you see beyond the borders of a picture?
Find out why this matters to managing your money...today on FinWizdom.**
Financial decision-making is impacted by our emotions. And financial decision-making, just like economics, considers people as pure rational beings, which we are not. It's almost as if...we are throwing temper tantrums when it comes to managing our money.
**An interesting little game using imaginary nickels can lead to real insights into what motivates you and the needs that you are seeking to satisfy.
Find out why this matters to managing your money...today on FizWizdom.**
As a toddler (or even today), could you avoid the temptations of a marshmallow? Find out how this self-control experiment helped to predict the futures of a group of preschoolers...and possibly your own ability...to manage your money.
Find out how a classic riddle about a farmer seeking to take a chicken, a fox and a bushel of corn across a river can help you learn how we create different buckets to justify our use of money.
Travel back to your childhood and a time when you were playing with your favorite ball to learn about the decision-making impact of empowering things that we “own.”