-
▼
-
▼
What if we told you there is an entire category of words that can be used to manipulate your financial decisions? After all, one of the major components of marketing is being able to persuade people to buy a product or service. But what happens when these same marketing tactics are used in financial services?
Here at the Money Guy Show, we believe that knowledge is power. We always want to share the best information that can equip you to reach your financial goals, and that includes making you aware of manipulative sales strategies in financial services.
Join us for today’s episode as we share the manipulation tactics that are commonly used that can lead to bad financial choices.
Here’s What You’ll Find Out in this Episode:
- How the Diderot Effect can lead you on a path of continual buying
- Understanding how to be disciplined with your finances
- The importance of building a cushion to prevent overspending
- Why the development of a full financial plan can protect you against a negative situation
- How time can be a very important asset when making financial decisions
- What the Zeigarnik Effect is and how it impacts financial decisions
- Why you should keep a list of financial accomplishments
- How the Pareto Principle serves as the foundation of the 80/20 rule
- What the Hedonic Treadmill is (or Hedonic Adaptation) and how it gives the ability to adapt rapidly
- Why you should create a time release of your resources if you come into a windfall of money
- Why you should spread out your wins when it comes to your financial picture
- The types of spending that actually brings happiness
Resources Mentioned in This Episode and Related Episodes
- Regrets From My Old Dressing Gown
- Financial Order of Operations: How To Prioritize Your Financial Goals
- David and Goliath: Underdogs, Misfits, and the Art of Battling Giants by Malcolm Gladwell
Enjoy the Show?
Where You Can Watch and Listen:
Subscribe on these platforms or wherever you listen to podcasts! Turn on notifications to keep up with our new content, including:
- Episodes of The Money Guy Show every Friday
- Episodes of Making a Millionaire every other Monday
- Mini-shows every Wednesday
- Ask Money Guy Livestreams every Tuesday
- Tons of other fun content!
Free Resources
Free Resources
Financial Order of Operations®: Maximize Your Army of Dollar Bills!
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
Wealth Multiplier By Age
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Car Buying Checklist
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Articles
Articles
How Do You Invest Across Different Account Types?
Learn how to optimize your investments across different account types, including Roth, taxable, and 401(k) accounts, with tailored strategies for each. Discover how to maximize...
Articles
What Is Considered Critical Mass During Wealth Building?
We discuss when to diversify your investments and recognize critical mass in your portfolio. Learn strategies for maximizing your savings rate and achieving financial success...
Articles
Is a High Yield Savings Account Still the Best Place to Keep an Emergency Fund?
Jay has a 6 month emergency fund in a high-yield savings account. With interest rates likely to drop this year, Jay wants to know our...
Financial FAQs
Courses & Tools
How about more sense and more money?
Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.
Free Resources
Financial Order of Operations®: Maximize Your Army of Dollar Bills!
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
Wealth Multiplier By Age
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Car Buying Checklist
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Recent Episodes
It's like finding some change in the couch cushions.
Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.
Episodes
Top 10 Mind-Blowing Money Stats (2026 Edition)
Are you on the right side of the data? In this annual classic, we reveal 10 mind-blowing 2026 money stats and personal finance strategies to...
Episodes
Here’s How Much Income Puts You In The Top 10%
What income puts you in the top 10% of Americans? We break down the numbers, bust common myths, and answer your biggest personal finance questions...
Episodes
From DINKs to Single Income and 2 Kids
Commission income, two kids, and a thin emergency fund - this is what the messy middle is all about. See how we help Tyler and...