meta_pixel
Tapesearch Logo
Log in
Something You Should Know

SYSK Choice: Why You Are Prone to Financial Mistakes & Why Time is Just a Mirage

Something You Should Know

Mike Carruthers | OmniCastMedia

Science, Social Sciences, Self-improvement, Education, Health & Fitness

4.64K Ratings

🗓️ 14 January 2023

⏱️ 50 minutes

🧾️ Download transcript

Summary

Have you ever wondered to yourself, “Is it ever too late?” Perhaps there are goals in your life and career that you think have passed you by. That if you don’t set course early in life, maybe you will miss out. Often parents worry that if their kids don’t get on the right track early enough, others will pass them by. This episode begins with some interesting and optimistic research on why these worries may not be justified. Source: Susan Krauss Whitbourne author of The Search for Fulfillment (https://amzn.to/3bCL47h) Everyone makes blunders with their money from time to time. In fact, we just may be wired that way according to research conducted by Brad Klontz. Brad is a financial psychologist, a certified financial planner, an associate professor at Creighton University’s Heider College of Business in Nebraska and author of the book Money Mammoth: Unlocking the Secrets of Financial Psychology to Break from the Herd and Avoid Extinction (https://amzn.to/2LHWU5h). Brad joins me to discuss why people have so much trouble with money, why we never seem to save enough and how to get on the path that will make you feel good about your financial life. You’ll find his advice is pretty easy and painless. Where does all the lost and unclaimed luggage from airplanes go? Not only is this an interesting story, it turns out you can shop online and buy things left on airplanes and some of it is really amazing. https://www.unclaimedbaggage.com/ Of course you know what time is but try to define it. It is impossible really even though we know intuitively exactly what time is and how to measure it. It wasn’t always that way though. For most of history, it wasn’t all that important to know EXACTLY what time it was. But it all changed when the railroads came along. Listen as I discuss the fascinating history of time with Joseph Mazur professor emeritus of mathematics at Marlboro College and author of the book, The Clock Mirage: Our Myth of Measured Time (https://amzn.to/3oJ8qvI). PLEASE SUPPORT OUR SPONSORS! Stop throwing your money away. Cancel unwanted subscriptions – and manage your expenses the easy way – by going to https://RocketMoney.com/something ! Did you know you could reduce the number of unwanted calls & emails with Online Privacy Protection from Discover? - And it's FREE! Just activate it in the Discover App. See terms & learn more at https://Discover.com/Online Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This message is sponsored by Discover. Did you know you could reduce the number of unwanted calls and emails with online privacy protection?

0:10.0

The latest innovation from Discover. Discover will help regularly remove your personal info, like your name and address, from 10 popular people search websites that could sell your data.

0:24.0

And they'll do it for free. Activate in the Discover app. See terms and learn more at Discover.com slash online privacy protection.

0:34.0

Today on something you should know, is it ever too late to take a different path in life or career?

0:44.0

Then most of us make a lot of mistakes with our money and it seems we can't help it.

0:49.0

When they do studies on lottery winners, what is so interesting about this is your neighbors if you win the lottery, aren't higher risk of going bankrupt because you won the lottery.

0:59.0

It is actually human nature to do everything wrong when it comes to money.

1:03.0

Also, the interesting story of what happens to lost luggage and how you can buy what's in it.

1:09.0

And keeping track of time, we're very good at it now, but we didn't use to be.

1:14.0

If you had noon in Washington DC, you would think New York should be noon too, but no, it wasn't. It was 12.

1:22.0

You could work with that except for the railroads because nobody really knows where the train is going to be at any particular time.

1:30.0

All this today on something you should know.

1:34.0

So here's an idea. Go into it, TurboTax and don't do your taxes. Instead, meet with an expert who will do them for you.

1:45.0

TurboTax experts can relieve you from the stress of taxes and file for you so you can do not taxes.

1:54.0

Show your eyes things that are not taxes, unpack a moving box of not taxes, taste not taxes, sing not taxes a lullaby.

2:06.0

Hope not taxes, sleep through the night, grab a saddle and ride not taxes into the sunset.

2:14.0

With TurboTax, an expert will do your taxes from start to finish, ensuring your taxes are done right guaranteed. So you can relax.

2:24.0

Feels good to be done with your taxes, doesn't it?

2:27.0

Come to TurboTax and don't do your taxes. Visit TurboTax.com to learn more. Intuit TurboTax.

2:36.0

Full service products only, video meeting while expert does your taxes required. See guarantee details at TurboTax.com slash guarantees.

2:47.0

Something you should know, fascinating intel, the world's top experts and practical advice you can use in your life.

2:56.0

Today, something you should know with Mike Karothers.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Mike Carruthers | OmniCastMedia, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Mike Carruthers | OmniCastMedia and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.