Is There a Better Approach to Personal Financial Management? | 1min snip from Lenny's Podcast: Product | Growth

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Using behavioral science to improve your product | Kristen Berman (Irrational Labs)

Lenny's Podcast: Product | Growth | Career

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Is There a Better Approach to Personal Financial Management?

Defaulting into saving money can be a helpful way to reduce spending./nRules of thumb can be a helpful way to make decisions about spending.

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Kristen Berman is the CEO and co-founder of Irrational Labs, where she helps companies like Google, Airbnb, PayPal, Microsoft, and LinkedIn improve their products and services through behavioral design research. She is also the co-founder of Common Cents Lab, a Duke University initiative dedicated to improving the financial well-being of low- to middle-class Americans. In today’s episode, Kristen shares the 3B Framework of Behavioral Design and uses real-life examples to illustrate what influences behavior change and the common biases that get in the way of building successful products. She also explains how to keep users engaged and how you can implement behavioral design research to drive innovation and growth.

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Find the full transcript here: https://www.lennyspodcast.com/using-behavioral-science-to-improve-your-product-kristen-berman-irrational-labs/#transcript

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Where to find Kristen Berman:

• Twitter: https://twitter.com/bermster

• LinkedIn: https://www.linkedin.com/in/kristenberman/

• Website: https://irrationallabs.com/

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Where to find Lenny:

• Newsletter: https://www.lennysnewsletter.com

• Twitter: https://twitter.com/lennysan

• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/