Why do we sometimes make bad decisions in relation to money and what can we do about it?
My guest, Vishal George, is a Behavioural Scientist who has recently published a book called ‘Money Mindsets: Science-Based Stories to Rewire your Money Beliefs, Goals, & Habits’.

In it, he explores that he way we behave when it comes to money, comes from beliefs about it, that we’ve adopted from our families, socio-cultural environment, and significant life events. They’re almost like scripts that are handed to us. Yet, often, we don't even know who the author is of our scripts.

What, asks Vishal, if we can rewrite our own money story?

The idea behind his book isn’t to change what we do with our money. Rather, it offers mindsets to change how we think about money. If we become aware of why we do what we do with our money, we can make sure our behaviours with it are aligned with our priorities.

Since many incidents of huamn risk are caused by money, this topic is perfect for the show.
In our discussion, we explore how Vishal came to write the book and what he hopes to acheive with it. I also get some thoughts from him on how this impacts his approach to business and what he’s learend from his reasearch. And he turns the tables and asks me a question.

Resources
To learn more about Vishal, his compnay ‘Behavioural By Design’ visit https://www.behaviouralbydesign.com/

For more on his book ‘Money Mindsets’ https://www.behaviouralbydesign.com/money-mindsets

To read about Diversifi, the global Behavioural Science practitioner network that both Human Risk and Behavioural By Design are part of, visit https://www.diversifiglobal.com/

Mount Taranki, the mountain Vishal is trying to climb: https://en.wikipedia.org/wiki/Mount_Taranaki

The Save The Change program that encourages saving: https://www.asb.co.nz/banking-with-asb/save-the-change.html