From the Vault: 5 Ways Your Brain is Sabotaging Your Money

FromMotley Fool Answers

Start listening View podcast show

From the Vault: 5 Ways Your Brain is Sabotaging Your Money

FromMotley Fool Answers

ratings:

Length:

28 minutes

Released:

Aug 10, 2021

Format:

Podcast episode

Description

In this episode from the vault, Morgan Housel joined us to talk about how to keep your emotions from sinking your wealth. We also discussed recent (lol, 2015!) allegations about Amazon’s toxic workplace culture.

Released:

Aug 10, 2021

Format:

Podcast episode

Titles in the series (100)

Saving, spending, planning — you've got money questions and we've got answers. Every week host Alison Southwick and personal finance expert Robert Brokamp challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves. Send your questions to answers@fool.com.

Skip carousel

The 411 on your 401k: What they are, why you should care, mistakes people make (full disclosure: including our own boneheaded blunders) and two things to do right this very moment to improve your returns. by Motley Fool Answers
19 min listen
5 Reasons to Delay Retirement: Sticking it out for just a few more years can pay huge financial and personal dividends. by Motley Fool Answers
23 min listen
Secrets to Warren Buffett's Success: Celebrating 50 years of Berkshire Hathaway's annual letters, we share 10 Warren Buffett quotes to help you invest as successfully* as the Oracle of Omaha. (*Your mileage may vary. But we promise it'll improve.) by Motley Fool Answers
24 min listen
When Good Debt Goes Bad: Sometimes "good debt" turns out to be not-so-good after all. When it comes to mortgages and student loans, don't blindly follow the old financing rules-of-thumb. by Motley Fool Answers
18 min listen
Checklist for a Financially Fit 2015: Forget New Year's resolutions (too much pressure!). Instead follow our five-point checklist (easy!) to set yourself up for a financially fit 2015. by Motley Fool Answers
19 min listen
Credit Score Facts and Fallacies: Credit Score Facts and Fallacies: Your parents might not buy you ice cream for bringing home a good credit score. But a top-notch money GPA will get you favorable financial treatment (and pay off handsomely, to boot). We set the score straight on the... by Motley Fool Answers
17 min listen
End the Year Strong: We've picked out our favorite year-end financial "to dos" so you can make the dwindling days of 2014 pay off handsomely for years to come. by Motley Fool Answers
13 min listen
Divorce-Proof Your Finances: We discuss "wife bonuses" (yeah, it's a thing), how to get your credit score for free, and three steps to help divorce-proof your finances. by Motley Fool Answers
25 min listen
Couples & Cash: How to Have "The Talk": Don't let money issues become a sore spot in your relationship. We share our top tips to make managing money with your Shmoopy painless, productive -- and even fun! by Motley Fool Answers
22 min listen
Impress People at Parties With Your Investing Knowledge: Matt C. has a confession: "When my friends start talking about investing I just nod my head and pretend to know what they're talking about... I'm too embarrassed to admit that I don't know the difference between a stock, a bond and a mutual fund."... by Motley Fool Answers
24 min listen
IRS Audit: Are You In Danger?: Have you ever received a "clarification letter" from the IRS? Uh oh. Our on-call CPA Megan Brinsfield shows us how to steer clear of the IRS's scrutiny while we fess up to our own audit near-misses. Plus, a review of wacky excuses people use to get... by Motley Fool Answers
19 min listen
What Your Tax Return Says About You: Do you have a Type A personality? Are you a generous person? Are you on the road to wealth? What kind of investor are you? Special guest CPA Megan Brinsfield reveals about what your tax return says about you. Plus, we play a rousing game of "Is It... by Motley Fool Answers
21 min listen
Easy Tricks for Sticking to a Budget: Make it easy. Make it automatic. Here are our best ideas for keeping your budget on track. Plus, everyday budgeting heroes at The Motley Fool share their No. 1 piece of advice. by Motley Fool Answers
20 min listen
Mailbag! First Investments, IRA Limits, Financing a New Business, Credit Score Dings and More: How much money do I need to start investing? What's the best way to invest for kids? Is this going to hurt my credit score? Answers to these and other listener questions, plus our inaugural inductee into the Money Hall of Shame. by Motley Fool Answers
25 min listen
Bad Financial Advice: Red Flags, Must-Ask Questions: Warning signs that you're getting bad financial advice from your money pro. Plus, breakup lines to help you get out of a bad relationship. by Motley Fool Answers
25 min listen
5 Ways Your Brain is Sabotaging Your Money: Biases prevent all of us—yes, even you—from managing money intelligently. Morgan Housel, behavioral finance expert at The Motley Fool, joins us to talk five common biases and how you can reduce the damage they inflict on your finances.... by Motley Fool Answers
27 min listen
Playing Catch-Up: 6 Tips for Late-Starters: We’ll help you figure out if you’re behind on retirement savings and give you six steps to get yourself back on track. Plus we get Pulitzer Prize-winning New York Times reporter Charles Duhigg to dish about will power, forming good habits,... by Motley Fool Answers
30 min listen
Dividends: Next Level Stuff: Dividends analyst James Early is back to explain four dividend investing strategies and gives his best advice if you’re just starting out. Also, Robert reports back on his online grocery price comparison—did Amazon beat out Costco, Target,... by Motley Fool Answers
29 min listen
Money Lies We All Believe: We drop some truth bombs on the most oft-repeated lies about money. Plus Carl Richards, the New York Times "sketch guy" columnist, reveals the juiciest parts of his brand new book, The One-Page Financial Plan (actual size: 211 pages). by Motley Fool Answers
23 min listen
Social Security Myths & Misconceptions: Is the system going to run out of money? Should people apply for benefits as soon as they can? We tackle some of the biggest myths and give tips on how to get the most out of what you put into it. by Motley Fool Answers
26 min listen
IRAs, 401(k)s: Stuff You Need To Know: Advice to help you rock your retirement accounts. Plus we clear up common mistakes and misconceptions so that you don't hit any sour notes. by Motley Fool Answers
19 min listen
Are You Financially Average?: See how you stack up as we peek into the wallets, bank accounts, credit card bills and brokerage statements of Average Joe and Jane Q. Public. Also, we chat with Econ Talk's Russ Roberts. by Motley Fool Answers
27 min listen
Money Mistakes of the Rich and Famous: We highlight a multitude of celebrity money sins so that us little people can learn from their mistakes. Death, taxes, and all that other fun stuff. by Motley Fool Answers
25 min listen
Buy Your First Stock! Here's How: Are you ready? (We have a checklist.) Which broker should you use? What companies should you buy? When should you pull the trigger? How many shares? What about selling? Listen up and check out our new . by Motley Fool Answers
32 min listen
Talking to Your Parents About Money: Tips on how to bring up this sensitive topic, a checklist of things to cover, and a rundown of red flags that may indicate your parent or elderly relative is being scammed. by Motley Fool Answers
22 min listen
Advice for College Grads: Money tips, job hunting advice, life lessons, and why ages 26 and 32 are markers of true adulthood. Plus we share the major regrets from our youths so that you don’t end up like us. by Motley Fool Answers
27 min listen
How to Pay for College Without Getting Eaten by a Dragon: We read a choose your own adventure tale on how to save for college, introduce Robert to the world of LARPing, and answer your questions about the Backdoor Roth. by Motley Fool Answers
22 min listen
Mailbag! Your 911 Fund, IRA Rollover Advice and Missing Wills: The bottom line on your emergency fund, an investment that puts your eggs in many baskets, how to find out if someone dearly departed has left you any money, and more of your pressing money questions answered. by Motley Fool Answers
24 min listen
Dividends Are Awesome: Get some!: Companies that pay dividends tend to outperform the rest, making them a great addition to your portfolio. Foolish dividends analyst, James Early, discusses the basics of dividends and reveals four of his favorite dividend payers right now. We also... by Motley Fool Answers
25 min listen
Spoiled Rotten: Raising Kids That Aren't: Advice on allowance, dealing with the "I wants," tools to help instill values, and how to answer uncomfortable questions like, "Why don't we have [showy item the neighbors own]?" from New York Times columnist Ron Lieber, author of "The Opposite of... by Motley Fool Answers
31 min listen

Related podcast episodes

Skip carousel

Amanda Montell - The Language of Cults and Fanaticism: Episode 13: Meagan and Lola interview Amanda Montell, linguist and author of Wordslut and now Cultish, her new book about the language of fanaticism. They discuss loaded language, thought-terminating cliches, cultish jargon that can be... by Trust Me: Cults, Extreme Belief, and Manipulation
59 min listen
568 - Are you a "narcissist magnet?": In this episode, I talk about why qualities that can be taken advantage of (kindness, empathy, eagerness) are NOT a disadvantage. I talk about how to take back your power and not think you're a magnet for hurtful people. My NEW journal, "The BOLD Journal" is available now on Amazon! Instagram: @case.kenny by New Mindset, Who Dis?
16 min listen
Jasmine Holmes: Never Cast Out | Episode 176 by The Jess Connolly Podcast
36 min listen
Cuteness Psychology: Of cute mice and ugly babies by Talk Psych to Me
47 min listen
How to manage guilt and shame in motherhood? by Ask Dr. Julie Hanks
22 min listen
87 – Malcolm Devlin and the Brexit Zombie Story by Talking Scared
59 min listen
020 Rage: Unpacking and Alchemising Our Rage by The Infinite Potential of Being Human
50 min listen
Mandela Effect by Mysteries Beyond with Laura Lavender
14 min listen
Empathy: Step outside your yard by Talk Psych to Me
52 min listen
136 – Max Booth III & Stories With Teeth by Talking Scared
69 min listen
547 - Don't mistake drama for passion: In this episode, I talk about the difference between passion and drama, why we're quick to confuse the two, and how to shake free of a cycle of drama in relationships. My NEW journal, "The BOLD Journal" is available now on Amazon! Instagram: @case.kenny by New Mindset, Who Dis?
16 min listen
EP 123 - Jeff Bezos, Billionaire Lifestyles, Getting Rich Through Oppression and Balancing Long Term vs Living in the Now: In this episode we discuss living in the moment and having family time vs working more for the sake of benefiting in the long term. Then we move to the cycle of oppression when it comes to low paid people and how huge companies can exploit them. We... by Mind Heist Podcast
78 min listen
The Challenges of Honest Emotional Expression in Relationships by The Relationship Maze
28 min listen
#237 Navigating the AI Frontier: Cultivating Joy Amidst the Chaos, The Power of Playfulness in a Depressed Culture, and The Significance of Raising Awareness in the Midst of AI and Technology Advancements by The Gabby Reece Show
56 min listen
Matthew Holm: Matthew Holm (@mattholm), Babymouse co-creator and now co-author of Marvin and the Moths, stops by the podcast to talk about drawing on the horrors of the middle school experience, humor as a social function, and the idea that you don't... by The Children's Book Podcast
44 min listen
Morgan Housel – The Psychology of Money (EP.06): In this episode of Infinite Loops we spoke with Morgan Housel, a Partner at the Collaborative Fund. Our conversation covered: The content of Morgan’s upcoming book Whether money is the ‘last taboo’ Money as a hierarchal system What shapes the... by Infinite Loops
47 min listen
6: Phantom Clowns: For most of us living in the US, clowns have become much more associated with horror than the laughter of kids. The “killer clown” epidemic went viral in 2016, with reports across the nation of evil clowns trying to lure children into the woods, attack... by American Hysteria
38 min listen
#31: Struggles of #Momguilt and Self Care by The Food Code
41 min listen
Chapter 12: Social Psychology Pt. 2: In this episode, Paul and David tackle the social psychology of groups (or at least, a small part of it!). Why do we fall prey to stereotyping? Why do we so sharply distinguish between "us" and "them"? What are the developmental and evolutionary origins of our ingroup favoritism/outgroup bias? Is there such a thing as implicit bias/implicit racism? What does the most popular measure of implicit bias (the IAT) actually measure? And finally, what can be done about these group biases? by Psych
69 min listen
518 - Left-handed anger (be patient with yourself): In this episode, I talk about "left-handed anger" and how we can be a bit more patient with ourselves. I talk about WHY we're unfair to ourselves and how to flip the script. My new book "That's Bold of You" is available on Amazon. Instagram: @case.kenny by New Mindset, Who Dis?
16 min listen
36. Anger in Motherhood: The imagery of the ‘perfect mother’ is almost the… by The Good Enough Mother
38 min listen
Guide to being more attractive, living longer, enhancing your memory, lowering food cravings AKA Sleep by The "That Girl" Guide
35 min listen
Meet Tammy Billups - Author & Animal Healer by Dog Nerd Show
49 min listen
[Lvl up] Liberate Your Power With Language by Holistic Alpha: Male Optimization
25 min listen
216. I felt embarrassed and guilty for making a poor choice. Importance of processing those feelings in a healthy way. by Emotionally Healthy Legacy- Anger management for Christian moms, Christian motherhood, mom rage, mom stress, parenting triggers, mom guilt, controlling anger, calm mom
21 min listen
Ep. 41 - Anger Management 101 by The Apparently Parent Podcast
48 min listen
From the Vault: How to Negotiate Anything: Back to vault! In this episode, then-CFO of The Motley Fool (now Managing Director of Motley Fool Ventures), Ollen Douglass, joined us to share his advice for how to negotiate your bills (and more!). Alison was mean to a vegan for no good reason while... by Motley Fool Answers
30 min listen
Myth, History, and the Woman Warrior by Myth Matters
31 min listen
Ep 10 Shit Talking: Coping Strategy or Roadblock? by Unlearned
78 min listen
Pity The Ego by The Daily Stoic
3 min listen

Discover this podcast and so much more

From the Vault: 5 Ways Your Brain is Sabotaging Your Money

From the Vault: 5 Ways Your Brain is Sabotaging Your Money

Description

Titles in the series (100)

More Episodes from Motley Fool Answers

Related podcast episodes