When you think about money, your spending habits, and your instincts do you analyze the mental and emotional side to finance? Most people do not realize that there is a correlation between spending and human emotion.
Emotions play a powerful role in shaping our financial behavior, often making us our own worst enemies as we try to save, access value, and spend responsibly.
I have read the book: Dollars and Sense by Dan Ariely and Jeff Kreisler. I am going to give you a short synopsis of the book and my thoughts on the mental side of spending and saving your money.
In this podcast you will:
- Learn the mental side of finance aka behavioral finance and how your spending habits may or may not change based on your mood.
- Discover if getting something for free is too good to be true (HINT: You may be surprised by the very common result of a free promotion).
- Acquire ways that people avoid pain when it comes to money and spending. A lot of these tips are very easy to put into your routine.
- Gain practical tools needed to understand and improve your financial choices, save and spend smarter.
For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/