Frugal Friends Podcast How Cognitive Biases Cause us to Overspend with Amanda Montell
6 snips
Apr 12, 2024 
Amanda Montell, author and podcast host, discusses cognitive biases and how they impact our finances and everyday lives with the hosts. They explore impulsive spending behaviors, the role of biases in decision-making, the pitfalls of overconfidence bias, the cult of consumerism, and the influence of societal status on financial choices.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11 12
Introduction
00:00 • 2min
Exploring Cognitive Biases and Impulse Spending with Guest Interview
01:31 • 2min
Understanding Cognitive Biases and Financial Decision-Making
03:12 • 2min
Unraveling Cognitive Biases and Decision-Making
05:41 • 26min
The Pitfalls of Overconfidence Bias in Decision Making
31:32 • 7min
The Cult of Consumerism
38:18 • 9min
Peacock Encounters at Hollywood Forever Cemetery
46:59 • 3min
Grounding through Novelty, Peacocks, and Podcast Ad Segments
50:25 • 5min
Cognitive Biases and Money Decisions
54:55 • 5min
Exploring Past Craft Failures and Contemplating New Endeavors
59:44 • 3min
Uncovering Cognitive Biases in Spending Habits
01:02:31 • 5min
Exploring Status Quo and the Podcast's New Season
01:07:49 • 2min