Hey there, it's Stephen Doebner. Happy New Year. If you were the kind of person who makes a New Year's resolution, there is a good chance that resolution has to do with your personal finances. This has always struck me as a bit odd, since there is no shortage of people out there who give financial advice.

So maybe that advice just isn't working?

That is a question we set out to explore in 2022 in an episode called Our Personal Finance Gurus Giving You Bad Advice.

We thought it might be a good idea to play it again now.

We have updated facts and figures as necessary. I hope it

helps. As always, thanks for listening.

I've got a question for you today, a personal question. It's about something you may not be so

comfortable talking about. Let me give a little background first.

Years ago, I was writing the book about the psychology of money.

I was going to call it, money makes me happy, except when it doesn't.

But I ended up putting that book in a drawer when I met Steve Levitt, an economist at the University of Chicago,

and instead,

we wrote Freakonomics. And that's turned out pretty well, but the money curiosity never left me.

I've always been intrigued by how we think about money, or maybe more accurately, how we fail to

think about money. It is one of those topics like sex and religion and politics

that's often driven less by thoughtful consideration and more by emotion. Money is so versatile

so central to our daily decision making that we attach all sorts of emotions to it.

Excitement, fear, lust, regret.

It's hard to name an emotion that doesn't get attached to money.

And this can make money hard to talk about, in some cases even taboo.

Today I'd like to put aside that taboo and start with a simple question.

Where do you get advice about money? Here's how some of our other listeners answered that question.

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