Dr. Bryan Foltice Behavioral Finance Podcast

Dr. Bryan Foltice

Welcome to the Bryan Foltice Behavioral Finance Podcast, where we dive deep into the fascinating intersection of financial decision-making and human behavior. Your host, Dr. Bryan Foltice, aims to embark on this journey with you to explore the quirks, biases, and psychological factors that shape our financial choices. From understanding why we buy high and sell low, to uncovering the emotional drivers behind our investment strategies, each episode will uncover valuable insights to help you navigate the complex world of finance with clarity and confidence. So, please join us as we unravel the mysteries of personal and behavioral finance and unlock the secrets to making smarter, more informed decisions with your money.

  1. AUG 11

    Financial Expert Makes Terrible Spending Decisions: Bad Luck or Something Deeper?

    How I Overspent $3300 in June & What I Learned From It | Money Strong Podcast In this episode of the Money Strong Podcast, Dr. Bryan Foltice shares his real-life experience of going over his monthly budget by $3300 in June. He provides insights into how unexpected expenses and impulsive spending can derail financial plans. Learn about his approach to dealing with the aftermath and how he aims to throttle back, simplify life, and regain control over his finances. Follow along as Dr. Foltice wraps up his series on financial well-being, emphasizing the importance of mindset in managing money. Don't miss his tips on how to bounce back from financial mistakes and build a more stable future. Remember to like, comment, and subscribe! 00:00 Introduction and Episode Overview 03:11 A Month of Overspending: My June Story 05:01 The Financial Impact of Summer Activities 08:37 Unexpected Expenses and Financial Missteps 12:44 The Day of Reckoning: Realizing the Overspend 16:04 Strategies to Regain Financial Control 17:30 Reflecting on the Root Causes of Overspending 21:03 Simplifying Life for Better Financial Health 23:41 Mid-July Update: Progress and Optimism 26:45 Conclusion and Final Thoughts Support the show Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com Money Strong Program - www.moneystrong.net Instagram - www.instagram.com/bryanfoltice Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/ Disclaimer: www.bryanfoltice.com/cv

    28 min
  2. JUL 7

    Understanding Financial Well Being: It's Way More Than a Number

    Understanding Financial Wellbeing: Key Components and Why It Matters Welcome to the Money Strong Podcast, where Dr. Bryan Foltice helps listeners build confidence and control over their finances.  In this episode, Dr. Foltice explores the true meaning of financial wellbeing, breaking down its components such as security, confidence, and control.  He discusses the importance of not fixating on a specific financial 'magic number' and delves into the concept of financial wellbeing as defined by the Consumer Financial Protection Bureau (CFPB), including living with a margin between income and expenses, the capacity to absorb financial shocks, and progress towards financial goals.  Additionally, Dr. Foltice examines the impact of financial wellbeing on various life aspects like mental health, physical fitness, life fulfillment, relationships, and having fun. Stay tuned to understand your money motivations in the next episode. 00:00 Introduction to the Money Strong Podcast 00:42 Defining Financial Wellbeing 02:36 Components of Financial Wellbeing 04:50 Steps to Achieve Financial Wellbeing 08:03 The Impact of Financial Wellbeing on Life 08:25 The Six Fs of Life and Finance 15:42 Conclusion and Next Steps Support the show Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com Money Strong Program - www.moneystrong.net Instagram - www.instagram.com/bryanfoltice Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/ Disclaimer: www.bryanfoltice.com/cv

    16 min
  3. MAY 10

    Understanding the Difference Between Risk vs. Uncertainty: How Ambiguity Aversion Impacts Our Choices

    Understanding Ambiguity Aversion: How Uncertainty Affects Financial Decisions In this episode of the Money Strong podcast, hosted by Dr. Bryan Foltice, we dive into the concept of ambiguity aversion as part of our Psychology Saturday segment.  Bryan explains how individuals prefer known risks over uncertain outcomes and how this affects various aspects of financial decision-making, from stock market behavior to personal finance choices. Real-life examples include investment preferences, insurance purchases, and career decisions.  Bryan also shares his personal experiences and offers practical steps to help listeners overcome ambiguity aversion and make more informed financial choices. Tune in for insights and actionable advice to enhance your financial well-being. 00:00 Introduction to Psychology Saturday 01:42 Understanding Ambiguity Aversion 03:36 Ambiguity Aversion in Finance 07:27 Ambiguity Aversion in Personal Decisions 11:20 Overcoming Ambiguity Aversion 16:54 Conclusion and Call to Action You can also find more information and free resources at www.bryanfoltice.com and at www.moneystrong.net.  Support the show Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com Money Strong Program - www.moneystrong.net Instagram - www.instagram.com/bryanfoltice Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/ Disclaimer: www.bryanfoltice.com/cv

    18 min

Ratings & Reviews

5
out of 5
7 Ratings

About

Welcome to the Bryan Foltice Behavioral Finance Podcast, where we dive deep into the fascinating intersection of financial decision-making and human behavior. Your host, Dr. Bryan Foltice, aims to embark on this journey with you to explore the quirks, biases, and psychological factors that shape our financial choices. From understanding why we buy high and sell low, to uncovering the emotional drivers behind our investment strategies, each episode will uncover valuable insights to help you navigate the complex world of finance with clarity and confidence. So, please join us as we unravel the mysteries of personal and behavioral finance and unlock the secrets to making smarter, more informed decisions with your money.