

Dr. Daniel Crosby: How our Psychology Impacts our Spending, Investing and Risk Taking Decisions
Jan 16, 2025
Dr. Daniel Crosby, a behavioral finance expert and New York Times best-selling author, dives into the psychological factors that shape our financial decisions. He discusses how fear and uncertainty influence spending and risk-taking, often leading us away from simple solutions. Crosby emphasizes the importance of purpose over material wealth, highlighting that true happiness comes from experiences and meaningful connections. He also explores the balance between persistence and knowing when to let go, urging us to spend wisely to buy back time and maximize joy.
Chapters
Books
Transcript
Episode notes
1 2 3 4 5 6
Intro
00:00 • 4min
Wealth vs. Riches: Finding Purpose
04:02 • 9min
Navigating Fear and Uncertainty in Finance
12:35 • 14min
Exploring Risk and Reward in Life and Finance
26:15 • 3min
Navigating Risks and Financial Awareness
29:25 • 26min
Reflections on Meaning and Connection During the Holidays
55:14 • 2min