Want to know how to make your money perform better? Begin controlling that stuff between your ears. Between negative self-talk and obviously-bad money moves, we find plenty of ways to sabotage our long term goals. Today we're joined by behavioral economist Dr. Daniel Crosby, who dives into what he calls "the soul of money." We'll discuss wisdom from some of the world's greatest legendary figures, like Alexander the Great, and dive into stories like The Kite Runner and what we can learn about money, happiness, "more," and being truly wealthy.
Plus, in our headline segment, one type of worker is loading up on cash inside of their retirement fund at work. Who? It turns out, that it's workers at companies that have decided to default retirement contribution plan percentages at a higher rate. Huh? It's not only fascinating, but probably the reason why you might be able to save more...but never have been able to pick the lock. If you're a great saver, you'll also know this is the key--so send this headline to your friends! Joe and OG tackle this topic from beginning to end, and hopefully, you'll be richer as a result (or on your way to riches).
We also take a call from Stacker Blake, who asks about his Acorns account. Now that he's been using it for awhile, should he move it to a different home so that he doesn't have several different accounts?
Of course, we'll also save time for Doug's trivia question, groan about the state of Ohio, and more!
FULL SHOW NOTES: https://stackingbenjamins.com/psychology-and-money-1552
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201
Enjoy!
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