PODCAST EPISODE 326 – Why Do We Make Bad Money Choices?

Why do we keep making the same financial mistakes, even when we know better? In this episode of More Than Commas, Elijah uncovers the hidden forces driving your money decisions through the lens of behavioral finance. Learn how cognitive biases like loss aversion, anchoring, and confirmation bias sabotage even the smartest investors and discover how structured systems and a great advisor can help you stay on track. Whether you’ve sold in a panic or chased the next big thing, this episode will show you how to align your behavior with your financial goals. Listen now and start building a strategy that works with your emotions, not against them.

–

This Material is Intended for General Public Use. By providing this material, we are not undertaking to provide investment advice for any specific individual or situation or to otherwise act in a fiduciary capacity. Please contact one of our financial professionals for guidance and information specific to your individual situation. Sound Financial LLC dba Sound Financial Group is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. Insurance products and services are offered and sold through Sound Financial LLC dba Sound Financial Group and individually licensed and appointed agents in all appropriate jurisdictions. This podcast is meant for general informational purposes and is not to be construed as tax, legal, or investment advice. You should consult a financial professional regarding your individual situation. Guest speakers are not affiliated with Sound Financial LLC dba Sound Financial Group unless otherwise stated, and their opinions are their own. Opinions, estimates, forecasts, and statements of financial market trends are based on current market conditions and are subject to change without notice. Past performance is not a guarantee of future results.

Related Posts

  • PODCAST EPISODE 245 – I Bonds, Inherited IRA Rules & surviving the lottery

    WHAT WAS COVERED [Tweet “Series I Bonds have some fine print, such as, you can only buy $10k a year. #YourBusinessYourWealth”] [Tweet “New rules on inherited IRA’s use to say it all has to be out at 10 years. Now, if there was required minimum distributions being taken in the IRA before you inherited it, you also have to do so. #YourBusinessYourWealth”]…

  • PODCAST EPISODE 130: CONSUMING FINANCIAL MEDIA: A HOW TO GUIDE

    EPISODE SUMMARY In this episode of the Sound Financial Bites Podcast, Paul and Cory break down a recent Kiplinger article to show how financial media should be viewed and consumed. Financial literature, for the most part, is written for the benefit of advertisers and it is imperative that the audience views them with a healthy amount of skepticism and concern….

  • PODCAST EPISODE 176: Freshbooks CEO Mike McDerment on Leadership, Partners and Coronavirus

    EPISODE SUMMARY Crises don’t stop business planning; rather, they just become a part of the agenda. This week, Paul & Cory get a moment to chat with CEO Mike McDerment. Mike speaks on the important components of projecting outcomes and making decisions at this time. He also explains what makes Freshbooks different than its competitors, as well as what is…

  • Podcast Episode 117: Stop Saving Money & Start Building Assets, Part 2

    EPISODE SUMMARY In this episode of the Sound Financial Bites podcast, Paul Adam’s sits down with co-host Cory Shepherd to continue the conversation on the importance of assets in achieving a work-optional lifestyle. Paul and Cory share a concise overview of season 4 for new listeners, talk about acquiring fun assets that still bolster wealth, and provide concrete advice about cash flow…

  • PODCAST EPISODE 137: THE 5 PILLARS OF TAX PLANNING WITH SHAHAR PLINNER

    EPISODE SUMMARY In this very first episode of the newly branded Your Business, Your Wealth Podcast, Paul welcomes Shahar Plinner to break down the five pillars of tax planning. Shahar is a certified public accountant who specializes in tax preparation and strategy consulting. Paul and Shahar discuss tax savings tools, cash flow, and the value of defined benefits plans. WHAT…

  • PODCAST EPISODE 197 – Grandpa Said Invest In Gold

    EPISODE SUMMARY Grandpa always said, “gold is the best place to put your money”. However, if you have invested in gold, did you know what it would cost you to sell it when you purchased it? Over time, has gold truly out beat inflation? Is crypto-currency the new gold of the 40’s? as the price of gold escalates, Paul and…