Episode 178

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Published on:

19th Nov 2024

Prime your financial fitness

Are there simple measures we could be taking every day to improve our money habits and our overall financial health?

This week on the Friends With Money podcast, Money’s Tom Watson is joined by Simi Rayat, psychologist and author of Productivity Joy, to chat about the relationship between psychology and money. 

They discuss:

  • When and how are people’s attitudes towards money formed?
  • Why does money spark emotion that doesn’t appear with other issues?
  • How can confirmation bias and sunk-cost fallacy affect our financial life?
  • How can the 5Qs Formula improve our financial decision-making?

#friendswithmoney #tomwatson #simirayat #finance #psychology

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About the Podcast

Friends With Money
Earn. Save. Invest.
We all have questions about money; how to earn it, how to spend it, and the best ways to invest so we can watch it grow.

The Friends With Money podcast, created by Money Magazine (Australia’s longest-running and most-read personal finance magazine), shares its extensive network of finance experts, in-depth knowledge of markets and timely advice to help you understand the world of money.

Hosted by senior writer, Tom Watson, and editor-in-chief, Michelle Baltazar, Friends With Money is a weekly chat with a variety of credentialed guests that you won’t want to miss. Listening and learning will help you on the path to financial freedom.