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50 Fires: Money and Meaning with Carl Richards
Understanding Our Money Decisions With UCLA Professor Hal Hershfield
Mar 27, 2024
UCLA Professor Hal Hershfield discusses childhood money memories, aligning capital with values, and the emotional layers of money decisions. Topics include future self influence, intentional money decisions, and navigating trade-offs in financial choices.
41:12
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Quick takeaways
- Aligning capital with personal values is essential for making sound financial decisions.
- Intergenerational money conversations can shape attitudes towards personal finance.
Deep dives
Exploring the Link Between Decisions Today and Future Self
Hal Hirschfield, a UCLA professor, delves into the impact of present decisions on our future selves. By feeling connected to our future aspirations, we are more likely to make sound financial choices in the present. Hirschfield's expertise on the future self concept underscores the importance of considering long-term consequences when dealing with money.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode