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Are your own psychological biases secretly working against you when it comes to money? In this episode of Recounting Life Lessons, we sit down with John Joseph De Goey—a portfolio manager, author, and financial expert—to uncover the hidden forces shaping our financial decisions.
Financial decisions can be a silent stress multiplier—one misstep can add unnecessary complications and pressure to an already full plate. But by learning to avoid common pitfalls, we can create more stability, clarity, and control over our financial future.
John Joseph De Goey is someone who has a unique approach to helping people make better choices.
De Goey is a highly sought-after financial commentator, he's written for major outlets like The Globe and Mail and MoneySense.
His latest book, Bullshift: How Optimism Bias Threatens Your Finances, explores how psychological blind spots impact our financial well-being. He's also the host of the Make Better Wealth Decisions podcast, and he's even appeared on television programs, sharing his wealth of knowledge on how psychology influences our money choices.
In this episode, we'll explore how our biases shape our money decisions, why awareness of these psychological quirks is a game-changer, and how mastering your financial mindset can reduce overwhelm and empower you to lead with confidence.
So, whether you're a business owner, a family leader, or someone looking to take control of your financial future, this conversation is packed with practical strategies and eye-opening insights to help you make more confident, bias-aware financial decisions!
Listen to the full episode above to tune in as we explore these lessons and practical tips for making better financial decisions.
For a deeper dive into the lessons and insights John Joseph De Goey shared, tune into the full interview above.
And be sure to check out John's book, Bullshift: How Optimism Bias Threatens Your Finances and his podcast Make Better Wealth Decisions.
As we spoke with John, we realized that there were several ways that the things he shared didn't only apply to making financial decisions. Here are five lessons inspired by John's insights that can be applied across all areas of personal growth and success.
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