psychologist abbe susman studies this trap. She also explores ways to turn this trap into a kind of super power that can improve our financial lives. Abby: I want to take you back to your first job out of college. You are a research analist at the investment banking firm golman sacks. Your task was to analyze the economics of the airline industry. And so one of the things that i noticed was that these types of expenses that were listed as non recurring ended up actually occurring with quite a bit of frequency.
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.