Episode 9 - The Bottom Line of Behavioral Economics

November 5, 2018

Behavioral economics is all about determining the psychological, emotional, cognitive, and social factors that influence our economic decisions.

How do these factors influence how much money you’ll save every month or the likelihood that you’ll enroll in a 401(k)? By understanding behavioral economics, we can become more conscientious of why we make the decisions we do. Only then can we consider changing our behaviors.

Listen in as Joe Biondolillo discusses how we can use our knowledge of behavioral economics to make better financial decisions.

 

References:

BiondFinancial |Improving decisions about wealth, health and happinessRichard Thaler Nudge  | Unshakeable: Your Financial Freedom Playbook  by Tony Robbins | The Millionaire Next Door: The Surprising Secrets of America's Wealthy Paperback by Thomas J. Stanley Ph.D.

 

Disclosure:

Joe Biondolillo is a Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. Biond Financial is not an affiliate or subsidiary of Guardian. The books mentioned have not been endorsed by Guardian, its subsidiaries, agents, or employees. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness, or reliability of the information contained herein. In addition, the content does not necessarily represent the opinions of Guardian, its subsidiaries, agents, or employees.

2018-68478 Exp. 10/20

00:0000:00