Ethics & decision making: how we rationalise our financial choices

Why don’t we always learn from our mistakes?
In this episode, Kate Campbell and Evan Lucas explore our financial decision-making process. We discuss rationalisation, how it can lead to unethical decisions that harm our finances, and how to manage this.
In this episode of 🧠 Brain Hacks, Kate Campbell and Evan Lucas discuss some of the behavioural risks Dr Daniel Crosby highlights in his book, The Laws of Wealth, and how we can combat them.
💸 Pearler, the broker for long-term investors. Sign up to Pearler using the code “RASK” for $15 of Pearler Credit: bit.ly/Pearler
📱 PocketSmith, a productivity booster for your money. Get 50% off your first two months using PocketSmith: bit.ly/R-PocketSmith
✅ RESOURCES:
Access Show Notes: bit.ly/R-notes
Ask a Question: bit.ly/3QtiY00
Kate's book, Buying Happiness: bit.ly/kate-amazon
Track your portfolio with Navexa (save 20%): bit.ly/track-stocks
Invest with Owen: bit.ly/R-invest
Mortgage Broking: bit.ly/broke-rask
Financial Planning: bit.ly/R-plan
Property Coaching: bit.ly/R-P-coach
100-point property checklist (PDF): bit.ly/prop-check
Accounting with Grey Space: bit.ly/3DG5lWS
Business Coaching: bit.ly/o-coach
WATCH NEXT:
ETF Mini-Series: • ETF Investing Mini-Series
Our TOP lessons from 10 years of ETF investing: • Our TOP lessons from 1...
Our guide to investing in 2024: • I want to start invest...
Our interview with Effie Zahos: • Effie Zahos: Australia...
OUR SOCIALS:
📸 Instagram: / raskaustralia
📱 TikTok: / raskinvest
🐦 Twitter: / raskaustralia
👨‍💻 Linkedin: / rask-media-pty-ltd
🎥 Facebook: / raskaustralia
ABOUT THE PODCAST
The Australian Finance Podcast is your crash course guide to sorting out your finances, one episode at a time. Owen & Kate bring you actionable information that you can put into practice today to smash those money goals and set yourself up for success.
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.
Access The Rask Group's Financial Services Guide (FSG): www.rask.com.au/fsg