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Something You Should Know

SYSK Choice: Your Mindset About Money & How Looks Matter

Something You Should Know

Mike Carruthers | OmniCastMedia

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

4.64K Ratings

🗓️ 24 September 2022

⏱️ 52 minutes

🧾️ Download transcript

Summary

It’s pretty clear that the placebo effect is a real thing even though we don’t understand it very well. This episode begins by exploring the reasons why what you believe about your health actually has an impact on your health and why believing you are healthy can actually make it so. Source: Howard Brody, M.D. author of “The Placebo Response” (https://amzn.to/2ZzmXzH) There are a lot of theories about what you should do with your money. For instance, most experts agree that paying off your mortgage early is a bad idea, yet many people feel great when they do it. So, who is right? It turns out it isn’t all in the math – it is also about how you think about your money. Here to discuss why your attitudes about money are just as important as the numbers is Morgan Housel. Morgan is a partner at the Collaborative Fund and has been a columnist for the Wall Street Journal and the Motley Fool. He is also author of the book The Psychology of Money (https://amzn.to/2Ftrrkb) Everyone has witnessed a time when an attractive person got preferential treatment. We all know that good looking people are more likely to get out of speeding ticket or get a good table at a crowded restaurant. Plus, attractive people make more money and get promoted faster. Actually, it turns out that just about all of us are likely to treat attractive people better. Why? Here to answer that and explain why this happens and what it all means is Daniel Hamermesh. He is an economist, and a Professor of Economics at Royal Holloway, University of London and author of the book Beauty Pays: Why Attractive People Are More Successful. (https://amzn.to/2FskwrE) When you wash your car, you likely don’t actually wash the seats. Yet, think about all the times people come in and out of your car and all the stuff they bring with them. When you hear this, I bet you will want to clean your seats very soon and clean them extremely well. https://www.dailymail.co.uk/femail/article-8712437/Disgusting-video-proves-washing-car-seats-dark-upholstery-often.html PLEASE SUPPORT OUR SPONSORS! To match with a licensed therapist today, go to https://Talkspace.com. Use promo code SYSK to get $100 off of your first month! Helix Sleep is offering up to $200 off all mattress orders AND two free pillows for our listeners at https://helixsleep.com/sysk. Redeem your rewards for cash in any amount, at any time, with Discover Card! Learn more at https://Discover.com/RedeemRewards Go to Amazon and search for Conair Turbo Extreme to get your 2-in-1 steam and iron steamer today! Along with alarms, fire extinguishers are essential. Make sure to place fire extinguishers on every level of your home and in common spaces like the kitchen and know how to use them. For more information on fire safety products, safety tips and educational activities you can do at home with your family visit https://firstalert.com/firepreventionmonth Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Do you own or rent your home?

0:02.9

Sure you do, and I bet it can be hard work.

0:06.1

You know it's easy.

0:07.7

Bundling policies with Geico.

0:09.8

Geico makes it easy to bundle your homeowners or renters insurance along with your auto

0:15.0

policy.

0:16.0

It's a good thing too because you already have so much to do around your home.

0:21.2

Go to Geico.com.

0:23.1

Get a quote and see how much you could save.

0:25.8

It's Geico Easy.

0:27.5

Visit Geico.com today.

0:30.1

That's Geico.com.

0:31.4

Today on something you should know, why believing your healthy seems to make it so.

0:40.9

Then how you think about money and why it's often so hard to manage.

0:46.0

There's never a sense of enough for most people.

0:49.1

And to me the most important but also the hardest financial skill is getting the goalposts

0:53.6

to stop moving.

0:54.6

It's very difficult to do.

0:56.2

But if you think about it that is the only way to gain any sort of happiness with the

0:59.6

money that you have.

1:00.9

Also when was the last time you cleaned your car seats?

1:04.3

I mean really cleaned them.

...

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