Presidential Humanity, Cognitive Bias in Money Decisions

Presidential Humanity, Cognitive Bias in Money Decisions

The Matt Townsend Show - Season 5, Episode 151

  • Jun 24, 2016 4:00 pm
  • 2:19:14 mins

There a Bit of Donald Trump in Each of Us? (17:32) Dr. Wendy Patrick sits on the Board of Directors of the California District Attorneys Association. She is a faculty member of San Diego State University, teaches business ethics and law enforcement. Dr. Patrick is the co-author of Reading People and author of Red Flags: How to Spot Frenemies, Underminers, and Other Toxic People in Every Area of Your Life. Both Hillary Clinton and Donald Trump face difficulties with their view in the public eye. Both candidates are strategizing to appeal to the general public in their unique ways; however, Dr. Wendy Patrick claims that in order to win over the public, these presidential candidates will need to play “the human card.”  Coaches Corner - Emotional Management (1:00:43) Dr. Matt Townsend explains the concept of emotional management. Why is it important and how to develope the ability to deal with day to day challenges in a more healthy way. Cognitive Biases That Lead to Bad Money Decisions (1:10:55) Kristin Wong is an award-winning writer. Her contributions to MSN Living’s The Heart Beat blog won her an award from the Society of Professional Journalists. She regularly contributes to NBC News, Lifehacker, and Bankrate. Why is budgeting such a challenge for some of us? Well money isn’t hard because of the math, it’s the psychology that trips us up. How can we retake control of our minds and our wallets? Kristin Wong explains the cognitive biases that lead to bad money decisions. Rorschach Radio (1:57:53) The inkblot test for Radio. The Rorschach test is a psychological test in which subjects' perceptions of inkblots are recorded and then analyzed using psychological interpretation. Dr Matt Townsend shares odd audio with our new student producer Sadie Maughan to get a better idea of her internal motivation.

hello world