4 Ways Your Brain Sabotages Your Finances (Without Even Realizing It)

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Chelsea talks about the subtle-yet-unavoidable ways our brains make our money decisions harder. From old habits to learned behaviors, our brains are not always the best suited for financial decision-making, and this video shows us how to overcome those mental obstacles.

The Four Money Types: https://www.onefpa.org/journal/Pages/How%20Clients%E2%80%99%20Money%20Scripts%20Predict%20Their%20Financial%20Behaviors.aspx

Why we want what others have: https://www.psychologytoday.com/us/blog/your-neurochemical-self/201907/why-we-want-what-others-have

The pressure to buy: https://www.inc.com/magazine/201703/kate-rockwood/ready-to-sell.html

Why our brains are bad at money: https://money.cnn.com/2017/11/07/pf/money-brain/index.html

Why retail therapy works: https://www.psychologytoday.com/us/blog/the-why-behind-the-buy/201305/why-retail-therapy-works

The benefits of paying cash: https://www.investopedia.com/articles/pf/08/pay-in-cash.asp

Watch more of The Financial Diet hosted by Chelsea Fagan here: https://www.youtube.com/playlist?list=PLD30V46E07RR99cC0gCjKUbt-BKoDUcnc

The Financial Diet site:
http://www.thefinancialdiet.com

Facebook: https://www.facebook.com/thefinancialdiet
Twitter: https://twitter.com/TFDiet
Instagram: https://www.instagram.com/thefinancialdiet/?hl=en

YouTube url:	https://www.youtube.com/watch?v=VukTIbgitRQ
Created:	10. 9. 2020 03:45:16

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4 Ways Your Brain Sabotages Your Finances (Without Even Realizing It)