Ep 44 - What Behavioral Economics Means To You

Did you realize that we are hardwired to make irrational financial choices? The incentives to spend now vs. save are difficult to overcome on our own.  On this episode, we break down six key behavioral biases we all share at some point around our finances. The good news is that human accountability and automated savings programs can go a long way to fight against these instinctual biases. So join us as we celebrate the recognition of Dr. Richard Thaler winning the Nobel Prize in Economics for his Behavioral Economics research and what it means to your financial situation. Find out more and discover links mentioned in the show here: http://bit.ly/2zvzyVe