
How Your Money Anxiety Might Actually Help Build Wealth
The Money with Katie Show
00:00
Are You in Full Control of Your Financial Behavior?
We like to think that we are in full control of our own financial behaviour and our own financial decisions, right? But what we actually know from behavior al science is that so much more of your financial behavior is driven by the environment you're operating in. Basically, you are all th sidand much more likely to purchase a pair of jeans if it's on sale. You have access to better products and services. They're actually helping you build savings automatically. It kind of reminds me of that book nudge. We're in kind of that same concept of these little environmental tweaks can have this outsized impact on both positive and negative behavior,. exactly.
Transcript
Play full episode