2022-11-14
38 分钟We hardly ever talk openly about our money. Today’s guest Wendy De La Rosa thinks that’s a costly mistake. She is a behavioral scientist who helps people understand and rewire their relationship with money. A former private equity investor at Goldman Sachs, Wendy is now an Assistant Professor of Marketing at the Wharton School and the co-founder of Common Cents Lab, which works to improve financial well-being for low- to moderate-income people. In this episode, Wendy shares actionable insights on how to prepare and invest in your financial future, explains why the emotional aspect of decision-making impacts how we spend or save, and breaks down why financial insecurity should not be a source of shame -- and why the issue of wealth inequality cannot be solved merely by budgeting.
Ted audio collective.
You'Re listening to how to be a better human.
I'm your host, Chris Duffy.
When it comes to money, one study found that 78% of people would rather disclose their full dating history than their full financial history.
We would rather have, you know, who has seen us naked than who has seen our credit score.
And now, for me, this might be one of the areas where I'm a little bit of an outlier, actually.
You know, I've talked on the podcast before about how I can get very awkward when it comes to talking about sex.
But when it comes to money, I'm a lot more comfortable.
And I think the reason for that is I've had so much practice at talking about money, right?
I love to do work, like giving talks, telling jokes, and leading workshops, but there's not exactly like a set price tag for any of those things.
And so I find out what I should be making by asking other comedians, by asking friends who do similar work.
I find out what I should be charging, what the prices should be, what the costs are, and I could only do the work that I do by having those kind of open, candid, honest conversations with friends and coworkers.
And obviously, I'm really lucky to even be able to do that.
Many people are just trying to survive.
But the flip side, even for someone like me, is that when I do get paid, it's at unpredictable times, and it's often in unpredictable amounts.
So I'm still learning how to even, like, chase down the money that I'm owed, much less what to do with the money once I get it.
Should I be saving it?
Should I be spending it?
How much should I invest in the future?
All of those questions are why I am so excited today to talk to Wendy Delarosa.