On this episode of The Australian Finance Podcast, Kate Campbell and Owen Rask interview psychologist and behavioural finance expert, Dr Daniel Crosby.
We discuss the way your emotions are impacting your financial decisions and the reasons why you’re not achieving your financial goals.
Episode transcript: click here
About this episode:
Keeping your head in an information age designed to help you lose it is the never-ending task of the behavioural investor.
Do we have an episode lined up for you today?!
Straight from the US, Dr Daniel Crosby drops some truth bombs about the way your emotions are impacting your financial decisions and the reasons why you’re not achieving your financial goals (hint: it’s not about finding that next hot stock). Daniel is a psychologist and behavioural finance expert who helps us to understand the intersection our mind and the financial decisions we make.
Kate & Owen have a great time learning about practical steps to improve your financial decision making, helpful ways we can stay informed without jumping at headlines, the shared narrative we all share about money and the four big psychological investor tendencies.
Plus, Daniel shares plenty of great resources throughout the show, so be sure to check out the show notes to dive in deeper!
Take one of our amazing FREE financial education courses (think ETFs, shares, property and FIRE) on Rask Education and join our wonderful FB community.
Score $100 off our premium ASX & US share research service, Rask Invest!
If you want to thank us for putting this show together, please give The Australian Finance Podcast a 5* review on Apple Podcasts – it’s a 5 second task which really helps support the show (and puts a big smile on our faces).
Join Rask & save $100!
Score $100 off our premium ASX & US share research service, Rask Invest!
Disclosure: Owen, Kate, and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.
Resources:
- Daniel’s Podcast: Standard Deviations
- Daniel Crosby (@danielcrosby)
- Dr. Daniel Crosby’s 21 Financial Resolutions for 2021
- Standard Deviations Recommended Booklist
- The Laws of Wealth: Psychology and the Secret to Investing Success
- The Behavioral Investor
- Hidden Brain npr.org
- Nudge: The Final Edition : Thaler, Richard H, Sunstein, Cass R
- Thinking, Fast And Slow : Kahneman, Daniel
- Improving your financial decision making skills
- Ep 97. How to make better financial decisions
Rask Education money & finance courses
Please forgive me, I couldn’t help but plug our 5-star (and free) financial education courses in here. I’ve linked a few of my favourites below if you’re keen on taking control of your time and money.
- Financial Independence, Retire Early (FIRE) Mega Course
- Beginner Shares Online Course
- Money & Budgeting: The Complete Guide
- Beginner ETF Investing Course
[ls_content_block id=”27363″ para=”paragraphs”]
