Learn about a group of psychologists who discovered that prostitutes had more wisdom and knowledge about health and safety than experts. It relates to the practice of motivational interviewing in financial planning and transitions to a discussion on our instincts and outdated brains.
Dr. Charles and Dr. Brad open the show discussing how clients know what to do for the most part...but still don't do it (they even cite some interesting research related to prostitutes and health education!). They then discuss how advisors can help their client's make better decisions that are consistent with their short and long-term financial goals.