What Behavioral Economics Means To You

By Chad Smith via Iris.xyz

Did you realize that we are hardwired to make irrational financial choices? The incentives to spend now vs. save are difficult to overcome on our own. Listen this week via the link below as Chad and Mike discuss the impact of behavioral economics on your personal situation.

On this episode, we break down six key behavioral biases we all share in different areas of our financial lives. The good news is that human accountability and automated savings programs can go a long way to fight against these instinctual biases.

So join us as we celebrate the recognition of Dr. Richard Thaler winning the Nobel Prize in Economics for his Behavioral Economics research and what it means to your financial situation.

Click here to read the full story and listen to the episode on Iris.xyz.