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Smart people make bad decisions all the time. That’s because intelligence (IQ) has no bearing on our ability to make rational, unbiased decisions. If you can be aware of your biases and investigate your intuitions then you will make better decisions which can have a profound effect on your finances. In this episode, David Robson, author of The Intelligence Trap, lays out the key biases stopping you from getting richer - and how to combat them.
You can find David's book here: http://bit.ly/3T04h8F
💬 Do you have a money story you'd like to share on the podcast?
https://makingmoney.email/listener-story-form
🤝 Want 1:1 financial help from us?
Answer a few questions to find the right service & book free call: https://getmost.typeform.com/pod-episodes
🎉 Sponsors
Vanta - Get your company secure and compliant: https://vanta.com/makingmoney
Tide - Get up to 4% AER variable with their Instant Saver Account: https://www.tide.co/offers/makingmoney
New Tide members get these rates free for 4 months, after which your Tide plan’s rates apply. For full details visit https://www.tide.co/makingmoney/.
--
If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
By Damien Jordan & Timeyin Akerele from Most5
11 ratings
Smart people make bad decisions all the time. That’s because intelligence (IQ) has no bearing on our ability to make rational, unbiased decisions. If you can be aware of your biases and investigate your intuitions then you will make better decisions which can have a profound effect on your finances. In this episode, David Robson, author of The Intelligence Trap, lays out the key biases stopping you from getting richer - and how to combat them.
You can find David's book here: http://bit.ly/3T04h8F
💬 Do you have a money story you'd like to share on the podcast?
https://makingmoney.email/listener-story-form
🤝 Want 1:1 financial help from us?
Answer a few questions to find the right service & book free call: https://getmost.typeform.com/pod-episodes
🎉 Sponsors
Vanta - Get your company secure and compliant: https://vanta.com/makingmoney
Tide - Get up to 4% AER variable with their Instant Saver Account: https://www.tide.co/offers/makingmoney
New Tide members get these rates free for 4 months, after which your Tide plan’s rates apply. For full details visit https://www.tide.co/makingmoney/.
--
If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

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