Psychology
Why Smart People Make Bad Financial Decisions
Being smart doesn't make you better with money. In some specific ways, it makes certain mistakes worse.
Honest takes on personal finance, spending, and the psychology behind money decisions.
Psychology
Being smart doesn't make you better with money. In some specific ways, it makes certain mistakes worse.
Money
AI can give you a budget, a portfolio, a spending plan. What it can't give you is the judgment you lose by not making those decisions yourself.
Habits
You can say anything about your priorities. Your bank statement doesn't lie.
Life
Comparing yourself to others doesn't just feel bad. It changes how you spend, and almost never in your favor.
Money
Living in the moment is a valid idea. Using it to avoid looking at your bank account is not.
Habits
You already paid for it. So you keep it. That's not logic. That's the sunk cost trap.
Money
Your brain isn't being irrational. When stress hits, it looks for control. Spending is just the fastest option it finds.