In insunctos am, what companies will do is that they'll provide this detailed breakdown. People tend to like these types of disclosures that have this additional detail. But in particular, in cases when they don't include the summary total a it leads people to make more mistakes in choosing the lower cost option. It's harder to add up a list of more numbers than it is to addup a list of fewer numbers.
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.