The Debt Trap

About this episode

<p>We like to think that good financial decisions come down to discipline and basic math. But the psychology of money turns out to be deeply complicated. Researcher <a href="https://people.wright.edu/john.dinsmore" rel="noopener noreferrer">John Dinsmore</a> explains the hidden mental biases that shape how we think about spending, borrowing, and the future. We explore how these forces can steer us toward costly mistakes — and how to guard against them. Then, on Your Questions Answered, researcher <a href="https://www.darden.virginia.edu/faculty-research/directory/bidhan-l-parmar" rel="noopener noreferrer">Bobby Parmar</a> returns to consider the upsides of embracing uncertainty.</p> <p><i>We're excited to share that Hidden Brain is </i><a href="https://www.youtube.com/@hiddenbrain" rel="noopener noreferrer"><i>coming to YouTube</i></a><i>! Check out our trailer and subscribe so you don't miss our first three episodes, coming April 10. </i></p> <p><a href="https://unsplash.com/illustrations/a-man-carrying-a-large-piece-of-paper-over-his-head-8U7iK4m93yw" rel="noopener noreferrer"><i>Episode art by Andania Humaira for Unsplash+</i></a></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>