4.6 • 3.4K Ratings
🗓️ 15 June 2022
⏱️ 62 minutes
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0:00.0 | You can afford anything but not everything. |
0:10.9 | Every choice that you make is a trade-off against something else, and that doesn't just |
0:14.7 | apply to your money, that applies to any limited resource that you need to manage. |
0:19.9 | Like your time, your focus, your energy, your attention, saying yes to something implicitly |
0:26.5 | means, turning away other options. |
0:30.3 | We have limited cognition, limited resources, and we can only give so much of our money, |
0:38.0 | our time, our effort. |
0:39.8 | So what do we want to dedicate that towards? |
0:43.2 | What truly matters? |
0:45.2 | And once we figure out what matters, how do we make decisions that align with that? |
0:51.8 | Answering those two questions is a lifetime practice. |
0:54.5 | And that's what this podcast is here to explore from all angles and to facilitate. |
1:01.1 | My name is Paula Pat. |
1:02.1 | I am the host of the Afford Anything Podcast, and today we're going to discuss the psychology |
1:07.9 | of secrets. |
1:09.4 | Certainly, many people keep financial secrets. |
1:12.9 | According to a 2017 survey done by TD Bank, approximately 27% of respondents admitted |
1:21.3 | to keeping a financial secret from their spouse or partner. |
1:26.0 | Examples of this include having a secret bank account, or spending a large sum of money |
1:30.7 | and then keeping that expense hidden. |
1:34.6 | Beyond financial secrets, people often have secrets at work, at school, maybe you secretly |
1:39.8 | hope to retire early, or you're looking for another job. |
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