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The "Free Money" Secret the Rich Doesn't Want You To Know ft. Dr. Paul Blake

The Dad Edge Podcast

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Behavioral Economics and Financial Decision-Making

This chapter explores how psychological techniques influence personal finance and spending habits, particularly in the context of credit cards and cashless transactions. It discusses the effectiveness of strategies such as labeled savings accounts and automatic transfers to enhance saving behaviors. The chapter also contrasts traditional banks with independent financial advisors, emphasizing the importance of proactive financial planning and the evolving landscape of the financial industry.

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