Most common reason consumers withdraw money early from their foro and accounts is to cover unpredicted expenses. Survey: 60% of household's report having had an unplanned financial shock. 26 % said that they face difficulty saving because of expenses they didn't plan for in most months.
Have you had a recent surprise expense? You're not alone. More than half of American households report facing an unplanned financial shock in the last year. This week, in the second part of our new "Money 2.0" series, psychologist Abigail Sussman points out our blindspots around money, and how we can be smarter about spending and saving.
If you like this show, be sure to listen to last week's episode on how our unconscious attitudes towards money influence how we manage our finances.
Also, check out our new podcast, My Unsung Hero! And if you'd like to support our work, you can do so at support.hiddenbrain.org.