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Ever wonder why we make the financial choices we do? This week, we're taking a deep dive into the fascinating psychology behind our financial decisions. Unraveling the complex web of cognitive, emotional, and social factors that come into play, we shed light on why each of us perceives and manages money in unique ways. From the emotional rollercoaster that often accompanies spending, to the peer pressure of 'keeping up with the Joneses,' we explore how these elements can significantly sway our financial decisions.

The second half of our conversation takes a closer look at how our money decisions are influenced by our cognitive, emotional, and social environments. With a deeper comprehension of the origins of our financial decisions, we can position ourselves to steer towards healthier monetary habits. The conversation even steers towards the intriguing dynamics of splitting bills amongst peers, a common but often vexing situation. If you've ever wanted to better understand your financial behavior or are seeking ways to improve your financial wellbeing, this episode has got you covered. Tune in, gain insights, and start your journey towards a healthier financial future.

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