The episode touches on psychological aspects of money, such as the emotional benefits of setting and achieving savings goals, and overcoming feelings of shame or isolation around money.
A significant portion of the episode focuses on understanding one's financial psychology, including money mindsets (anxious, avoidant, obsessed), money stories, and the psychological factors that shape one's relationship with money.
The podcast episodes provided showcase the relevance and importance of financial psychology, highlighting how various psychological factors shape people's attitudes, behaviors, and overall relationship with money.
Several episodes, such as Did 'Roaring Kitty' Just Spark a Meme Stock Sequel?, Freedom Isn't Found by Borrowing Money, and 151. Ask Tori: Buying a Car, Balance Transfers, and Choosing the Best Credit Cards, delve into the psychological aspects of the meme stock phenomenon, the tendency to overspend and accumulate debt, and the emotional drivers behind financial decision-making, respectively.
Other episodes, like Richard Dolan On the Importance of Financial Health in Life EP 432 and our relationship with money, a talk with paula pant [video], explore the concept of financial well-being from a holistic perspective, emphasizing the importance of aligning financial choices with personal values and addressing the deeper psychological factors that influence one's relationship with money.