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518. Are Personal Finance Gurus Giving You Bad Advice?

Freakonomics Radio

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Navigating Personal Finance: Insights from a Former Ski Racer

This chapter explores the life of a former competitive ski racer who, after experiencing profound personal losses, reflects on their education and the intersection of psychology and personal finance. It challenges traditional economic theories by discussing behavioral finance and the real-world implications of debt repayment strategies. The conversation highlights the importance of adjusting financial habits through personal motivation and relatable strategies, including the role of mental accounting and investment choices.

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