The housing market crashed in 2008, sparking a global economic downturn. Many young people found themselves struggling to afford the things their parents owned at the same age. Brad says even those who could afford to spend were reluctant to take financial risks.
Money worries are one of the biggest sources of anxiety in the lives of Americans. This week, we kick off our new "Money 2.0" series with psychologist Brad Klontz. He says that while external economic forces often shape our financial well-being, our unconscious beliefs about money also contribute to how well we manage our money.
If you like this show, please check out our new podcast, My Unsung Hero! And if you'd like to support our work, you can do so at support.hiddenbrain.org.