Overcoming Financial Stress With The Saver And The Spender

Episode 58: Cognitive Biases & How they affect our money and spending Part 5 of 6

Informações:

Sinopse

This episode is part 5 of our 6-part series on Cognitive Biases and how they impact us and our money each and every day! (Make sure you check out part 1, part 2, part 3 and part 4 if you haven't yet) It’s important to know what these are because they are impacting the way you make decisions and the way you think about your finances every single day. In this episode, Coach Kelsa discusses how the Negativity Bias is impacting the way we define ourselves with money, our desire to make lifelong changes and the way we see our past decisions with money. In this episode you will learn: The Negativity Bias - what it is and how it’s being used to affect my  decision-making How this shows up on a regular basis for us How it impacts the way we feel about money and ourselves as money managers How we can overcome this bias The impact of the Negativity Bias on marriage: https://www.fatherly.com/love-money/how-to-prevent-negativity-bias-from-running-your-marriage/ How to overcome the negativity bias: Solution 1: