Best of 2025: 6 Money Biases That are Sabotaging Your Money Goals

Everyone's Talkin' Money

Shari Rash

Self-improvement, Business, Health & Fitness, Mental Health, Education

4.2 • 648 Ratings

🗓️ 23 December 2025

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

You’ve got the budget app. You’re reading the personal finance books. You know what you should be doing with your money—so why does it still feel so hard to follow through? In this Best of 2025 episode of Everyone’s Talkin’ Money, Shari breaks down six sneaky psychological biases that shape your money decisions without you even realizing it. From anchoring to optimism bias, these aren’t personal flaws—they’re predictable brain glitches. But once you spot them, you can stop them. You’ll walk away understanding: What anchoring bias is and why it makes that $100 dress feel like a steal (when it’s not) Why the fear of losing money feels worse than actually losing it—and how that keeps you stuck How your brain protects old money stories through confirmation bias Why instant gratification keeps winning, even when your future self is begging you to chill How optimism bias tricks you into thinking “next month” will magically fix everything Why social proof bias is fueling lifestyle creep—and what to do instead This is the episode that will make you pause mid-scroll, mid-spend, or mid-self-doubt and say, “Ohhhh, that’s what’s going on.” If any of these biases hit home, share the episode with a friend and DM Shari @everyonestalkinmoney to keep the conversation going Talkin’ Points → where your money gets smarter. Real talk, practical tips, zero guilt straight to your inbox. Sign up here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Think about cheese.
0:02.0	Make your thoughts cheesier.
0:04.2	Now add 100% chicken breast fillet, Chipopla sauce and ameta cheese melt.
0:08.3	And it's giving the new cheesy chicken stack at McDonald's.
0:12.0	Did we mention it's cheesy?
0:13.9	Cheese.
0:15.8	Availments of the 4th of Jan, 2026 from 11 a.m.
0:18.1	Plus and participation may vary.
0:19.2	Subjects availability.
0:20.9	Have you ever looked at a $100 pair of shoes and thought, wow, what a steal? Only because you saw a $1,200 pair first?
0:29.8	Or maybe you stayed in a job, an investment, or even a streaming subscription way too long just because you didn't want to waste the money.
0:39.9	That's not bad money management. That's your brain playing tricks on you, and it does it all
0:45.9	the time. Welcome to everyone's talking money, the show where we break down the emotional side of
0:52.3	finances. No guilt, no shame, just truth. I'm Shari,
0:57.6	and today we're diving deep into the sneaky psychological forces that hijack your money decisions.
1:04.3	This episode is all about the hidden biases that keep smart, capable people stuck in not so smart money habits. We're talking anchoring,
1:15.4	loss aversion, confirmation bias, present bias, and those two especially slippery ones,
1:22.6	optimism bias and social proof. If you've ever wondered why you're stuck in the same financial loops,
1:29.9	why you're not saving as much as you want, why you overspend, and why you're not where you thought
1:35.6	you'd be, this episode is for you. Because when you understand the wiring, you can finally
1:41.5	start to rewire it. Let's go. Let's first start talking about anchoring bias.
2:03.6	Anchoring bias is your brain's tendency to latch on to the first piece of information it gets
	...

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