SYSK Choice: Your Mind and Your Money

Something You Should Know

Mike Carruthers | OmniCastMedia

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

4.5 • 4.3K Ratings

🗓️ 28 December 2019

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

There’s nothing more embarrassing than those awkward moments in life – when your fly is down or there is spinach in your teeth or you embarrass yourself accidentally. But how you handle those moments is what really matters and that is topic number one on today’s podcast. http://health.usnews.com/health-news/health-wellness/articles/2015/11/23/the-science-of-awkwardness How you think about money – and how money plays tricks on is a fascinating topic everyone needs to understand. Claudia Hammond, a broadcaster for the BBC in London is author of the book Mind Over Money (https://amzn.to/2EXto4N) and has some amazing insight on how you handle money and make financial decisions – and how others use little mind games to get you to part with more of your money. Being aware of these things can really help you not fall victim. There is great power in expressing appreciation – yet most people think they don’t get enough of it. The result of that lack appreciation creates all kinds of havoc in relationships and organizations. Listen as we explore the power of appreciation and how to make it work for you. http://www.drpaulwhite.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Today on something you should know, how to deal with those embarrassing awkward moments
0:07.0	we all have that make us want to crawl into a hole. Also how money affects your mind.
0:13.2	It's often so totally irrational.
0:15.6	In one experiment they gave people a menu for a restaurant called Studio 19 and asked
0:21.0	people how much they'd be prepared to pay for a meal there. And then they gave exactly
0:24.7	the same menu to another group of people and told them it's called Studio 197. Suddenly
0:29.6	people were prepared to pay much more to eat at the restaurant with the higher number
0:34.1	in its name.
0:35.3	And if you want to sock away money in a savings account and not touch it, put it in a
0:39.7	bank that sounds far away like the bank of Scotland.
0:43.1	Because even though you can just get that money online, it feels as if it's further away
0:47.6	means people are likely to leave it there for longer. So in a way you can trick yourself.
0:51.9	In the power of appreciation you'll have a whole new appreciation for appreciation
0:57.1	when you hear this. All this today on something you should know.
1:03.0	Something you should know. Fascinating intel. The world's top experts. And practical advice
1:09.0	you can use in your life today. Something you should know. With my carothers.
1:16.5	Hi, welcome to something you should know. This is episode 360. And let me point out that
1:23.5	actually few if any of the 360 episodes of something you should know are dated. Unlike
1:30.0	say a news or a sports podcast. The content of something you should know episodes are
1:35.8	it's really timeless evergreen. So if you're relaxing or you'd like something to listen
1:41.1	to as you go about your day, just remember we have a large collection of episodes for
1:46.6	you to go back and listen to whenever you like. First up today, tell me this hasn't happened
	...

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