A light-hearted exploration of the emotional side of money. Many of us have good intentions about getting on top of our financial admin, budgeting better, and saving more, and in theory it sounds so easy. But then real life gets in the way, we're tired or frustrated or busy and somehow everything has slipped again. Money coach, Martha Lawton asks expert guests about how we normal humans can understand our financial behaviour and use that knowledge to manage money in ways that actually work in our messy, complicated lives. Hosted on Acast. See acast.com/privacy for more information.
https://www.squanderlustpod.com/
episode 38: 38: Unreliable, compelling, expensive
Ever played a video game long after you meant to stop? What about staying in a toxic workplace or relationship? Ever looked back and thought "Why did I keep doing that?!"
It might be operant conditioning - the way we respond to rewards especially unreliable and unpredictable rewards.
Skinner Boxes (developed by BF Skinner) are a tool psychologists use to study animal behaviour, which can teach us about our choices as humans, and why we sometimes act against our own interests. Especially when we're faced with casinos, high-stress jobs, and charming but moody people.
In this solo episode Martha explains how to spot a Skinner Box and how to get out before it costs you a fortune.
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Hosted on Acast. See acast.com/privacy for more information.