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Episode 3646:
Ornella Grosz explores the hidden psychological biases that cause even financially savvy people to make poor spending decisions, from treating different sources of money unequally to falling for sales and impulse purchases. She offers practical strategies to build better habits, helping listeners rethink how they value every dollar and make decisions that strengthen long-term financial health.
Read along with the original article(s) here: https://budgetsaresexy.com/why-smart-people-make-bad-spending-decisions/
Quotes to ponder:
"Every financial decision should be made based on its effect on your overall financial wealth."
"A dollar here and a dollar there equals real money"
"A sale and discount doesn’t necessarily mean you are saving money."
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