The Upside of Being Taken For A Sucker & Why Projects Are Often Late and Over-Budget episode artwork

EPISODE · Feb 13, 2023 · 49 MIN

The Upside of Being Taken For A Sucker & Why Projects Are Often Late and Over-Budget

from Something You Should Know · host Mike Carruthers | OmniCast Media

We start this episode with some interesting things worth knowing about your credit card including what your options are when the credit card company raises your interest rate. https://motuscc.com/credit-card-processing/9-interesting-credit-card-facts-and-stats/  No one likes to be scammed or taken for a fool. In fact we keep our antenna up so make sure that doesn’t happen. Maybe though, we are being too vigilant. By being so skeptical and wary of situations and opportunities, we may miss out on some very rewarding ones according to Tess Wilkinson-Ryan. She is a University of Pennsylvania law professor and psychologist and author of the book Fool Proof: How Fear of Playing the Sucker Shapes Our Selves and the Social Order--And What We Can Do About It (https://amzn.to/3jMqrfo). Listen as she explains how to put the fear of being taken for a sucker into perspective and feel a lot better for doing so.  Can you name a big project that has ever been finished on time and under-budget? Think about any construction project at home or even any government project to build a road or a bridge. It seems it always takes longer and costs more than was projected. Why is that? Why can’t anyone seem to get it right? Well, actually some people can. That is what Bent Flyvbjerg is here to explain. Bent is a professor at Oxford and considered one of the leading experts on topic. He has consulted on over one hundred projects costing $1 billion or more and he is author of the book How Big Things Get Done: The Surprising Factors That Determine the Fate of Every Project, from Home Renovations to Space Exploration and Everything In Between (https://amzn.to/3YxwnHX). Why do kids who grow up in the same family, with the same parents and the same rules often turn out so differently? Listen as I explain one leading psychologist’s explanation that should come as good news to parents. Source: Dr. Wes Crenshaw author of the book Dear Dr. Wes: Real Life Advice for Parents of Teens (https://amzn.to/3RIO6dx). PLEASE SUPPORT OUR SPONSORS! Visit https://NJM.com/podcast for a quote to see how much you can save on your auto insurance! Dell Technologies’ Presidents Day event is here! The savings start now on select sleek XPS laptops and more powered by 12th Gen Intel® Core™ processors. Don't forget special pricing on the latest monitors, docks and accessories, plus free shipping on everything and monthly payment options with Dell Preferred Account.  Just call 877-ASK-DELL for these limited-time Presidents Day deals! With With TurboTax, an expert will do your taxes from start to finish, ensuring your taxes are done right (guaranteed), so you can relax! Feels good to be done with your taxes, doesn’t it? Come to TurboTax and don’t do your taxes. Visit https://TurboTax.com to learn more. Intuit TurboTax.  Did you know you could reduce the number of unwanted calls & emails with Online Privacy Protection from Discover? - And it's FREE! Just activate it in the Discover App. See terms & learn more at https://Discover.com/Online Learn more about your ad choices. Visit megaphone.fm/adchoices

We start this episode with some interesting things worth knowing about your credit card including what your options are when the credit card company raises your interest rate. https://motuscc.com/credit-card-processing/9-interesting-credit-card-facts-and-stats/  No one likes to be scammed or taken for a fool. In fact we keep our antenna up so make sure that doesn’t happen. Maybe though, we are being too vigilant. By being so skeptical and wary of situations and opportunities, we may miss out on some very rewarding ones according to Tess Wilkinson-Ryan. She is a University of Pennsylvania law professor and psychologist and author of the book Fool Proof: How Fear of Playing the Sucker Shapes Our Selves and the Social Order--And What We Can Do About It (https://amzn.to/3jMqrfo). Listen as she explains how to put the fear of being taken for a sucker into perspective and feel a lot better for doing so.  Can you name a big project that has ever been finished on time and under-budget? Think about any construction project at home or even any government project to build a road or a bridge. It seems it always takes longer and costs more than was projected. Why is that? Why can’t anyone seem to get it right? Well, actually some people can. That is what Bent Flyvbjerg is here to explain. Bent is a professor at Oxford and considered one of the leading experts on topic. He has consulted on over one hundred projects costing $1 billion or more and he is author of the book How Big Things Get Done: The Surprising Factors That Determine the Fate of Every Project, from Home Renovations to Space Exploration and Everything In Between (https://amzn.to/3YxwnHX). Why do kids who grow up in the same family, with the same parents and the same rules often turn out so differently? Listen as I explain one leading psychologist’s explanation that should come as good news to parents. Source: Dr. Wes Crenshaw author of the book Dear Dr. Wes: Real Life Advice for Parents of Teens (https://amzn.to/3RIO6dx). PLEASE SUPPORT OUR SPONSORS! Visit https://NJM.com/podcast for a quote to see how much you can save on your auto insurance! Dell Technologies’ Presidents Day event is here! The savings start now on select sleek XPS laptops and more powered by 12th Gen Intel® Core™ processors. Don't forget special pricing on the latest monitors, docks and accessories, plus free shipping on everything and monthly payment options with Dell Preferred Account.  Just call 877-ASK-DELL for these limited-time Presidents Day deals! With With TurboTax, an expert will do your taxes from start to finish, ensuring your taxes are done right (guaranteed), so you can relax! Feels good to be done with your taxes, doesn’t it? Come to TurboTax and don’t do your taxes. Visit https://TurboTax.com to learn more. Intuit TurboTax.  Did you know you could reduce the number of unwanted calls & emails with Online Privacy Protection from Discover? - And it's FREE! Just activate it in the Discover App. See terms & learn more at https://Discover.com/Online Learn more about your ad choices. Visit megaphone.fm/adchoices

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The Upside of Being Taken For A Sucker & Why Projects Are Often Late and Over-Budget

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This episode was published on February 13, 2023.

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We start this episode with some interesting things worth knowing about your credit card including what your options are when the credit card company raises your interest rate....

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