Why So Many People Are Unhappy at Work & A Better Way to Make Financial Decisions

Something You Should Know

Mike Carruthers | OmniCastMedia

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

4.5 • 4.3K Ratings

🗓️ 16 May 2019

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

How do you get top dollar when you sell on eBay? Well of course you need good photos and a great description but it turns out some of the specific words in that description can really raise or lower the amount people will pay. I begin this episode with an explanation of that. (http://www.goodhousekeeping.com/life/money/a38347/how-to-make-money-on-ebay/) Workers improve when they get feedback. A company’s culture is the key to success. Good leadership is what makes a company thrive. Although you may believe these assumptions to be true, there is some good evidence they are not. Marcus Buckingham has studied people and performance for a long time and he joins me to explode some commonly held beliefs about workers and the workplace. Marcus’ new book is called Nine Lies About Work (https://amzn.to/2HlAkdW). If you work for a living and want to grow in your career, you need to hear this. Have you ever cracked an egg open and seen a little spot of what looks like blood inside? Is it safe to eat? I’ll explain what the food experts say about where that little spot of red comes from and just harmful it is. (http://www.huffingtonpost.com/the-stir/egg-facts_b_2498764.html) Decisions about money always seem to be complicated. In part that is because we have so many financial decisions to make and there is a lot of emotion wrapped up in money. Amanda Clayman comes on the podcast as my guest to discuss how we make financial decisions, why it is hard and how to make better decisions with our money. Amanda is a financial therapist and a financial wellness advocate for Prudential. Her website is www.AmandaClayman.com This Week's Sponsors -Capterra. To discover the best software for your business - for free - go to www.Capterra.com/something -Linzess. For information about your IBSC symptoms go to www.ohmygut.info/podcast. -Capital One. What's in your wallet? www.CapitalOne.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, if you sell items on eBay, there's a way to improve
0:07.0	your chances of getting top dollar.
0:09.6	Then, how employers create great employees, and it's not about giving them feedback.
0:16.3	You don't remediate your way to excellence.
0:18.8	You want to get Mike to excel.
0:20.4	You see where he's currently really good, and you help him to understand it and recreate
0:24.5	it and refine it.
0:25.6	And the whole feedback movement, unfortunately, misses that.
0:29.0	Then, ever crack an egg open and see what looks like a little spot of blood should just
0:33.8	delete it, and why do people have such a hard time making good financial decisions?
0:40.2	Because they have all of these, these draining experiences, when they are interacting with
0:44.9	money, they really think of this process as sort of a tool of no, as opposed to thinking
0:51.1	about it as a tool of yes.
0:53.0	What is it that we want to say yes to in our financial life?
0:56.6	All this today on something you should know.
1:01.2	I just learned, discover credit cards do something pretty awesome.
1:06.0	At the end of your first year, they automatically double all the cash back you've earned.
1:11.5	That's right, everything you've earned doubled.
1:14.4	All the cash back from eating at your favorite soup dumpling restaurant?
1:18.4	Doubled.
1:19.4	All the cash back from that trip you sort of learned how to snowboard?
1:23.5	Also doubled.
	...

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