Using behavioral finance to understand your money mindset
Stocks in Translation
00:00
Navigating Financial Emotions
This chapter explores the intricate relationship between behavioral finance and emotional decision-making, illustrating how past experiences and psychological biases can lead to irrational financial choices. Through personal anecdotes, the discussion highlights the impact of a scarcity mindset and social media pressure on financial behaviors, while advocating for the importance of mental and financial freedom. Additionally, it addresses the unique challenges faced by athletes in redefining their identities and managing their financial futures as they transition from sports to retirement.
Transcript
Play full episode
