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Money 2.0: Why We Bust Our Budgets

Hidden Brain

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Introduction

This week on hidden brain, many people around the world worry about money. Many of us feel we spend too much and save too little. Sometimes when we look back at our own behavior, we see that we were penny wise and pound foolish. We explore a curious cognitive trap that affects how we make and blow through our budgets. Also consider how we can avoid some of the psychological pitfalls in making and sticking to are budgets, deals, decisions and debt.

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