Sean Pyles

Okay.

So those are three behavioral financial biases that are probably costing you money somewhere in your life.

Think about your finances and examine how you can begin to counter these biases in the way that you manage your finances.

So you can be maybe a little more rational as much as is possible when it comes to managing your money.

And that way you won't be leaving money on the table and spending it on things that you just don't need to.

Yeah, and I think it all starts with just being a bit more mindful about your spending and just paying attention to when those biases come up.

And obviously it's a work in progress.

And also not rushing into decisions.

I think a lot of people lose money because of these biases, because they feel this sense of urgency, especially around things like herd mentality.

So take your time, people.

There's often never a real sense of urgency around investing in one company stock.

This, Sean, I feel like you are leading into the February challenge, because as you said that our finance challenge that we're doing, I just had a little tinge of guilt come up.

So, yes.

So folks who may not know, we've been doing a February financial challenge where I'm adding more friction into my spending.

Elizabeth is doing a no spend month of sorts.

And Elizabeth, tell me how it's going for you.

Not so well.

But you didn't spend your money.

So that's the good part.

I'm going to shut up and listen.