You once wrote a paper with new york university psychologist adam altar where you laid out a hypothetical scenario of unexpected expenses that many listeners will find relateable. Could you sketch out that series of imagined events for me? And the connection is not in the type of expense, it's in the fact that you're spending money on something that is unusual.
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.