Welcome to the Money Strong Monday morning broadcast with Dr. Bryan Foltice! In this episode, we break format to discuss the latest economic updates, including the state of the S&P 500, inflation rates, and interest rates, and their impacts. Dr. Foltice then dives deep into this episode's primary topic—NIL (Name, Image, and Likeness) money and its significant effect on student-athletes in U.S. colleges. Learn about the various tiers of NIL compensation, financial challenges, a...
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Welcome to the Money Strong Monday morning broadcast with Dr. Bryan Foltice! In this episode, we break format to discuss the latest economic updates, including the state of the S&P 500, inflation rates, and interest rates, and their impacts. Dr. Foltice then dives deep into this episode's primary topic—NIL (Name, Image, and Likeness) money and its significant effect on student-athletes in U.S. colleges. Learn about the various tiers of NIL compensation, financial challenges, a...
The Psychology of Money: Mental Accounting Explained
Dr. Bryan Foltice Behavioral Finance Podcast
20 minutes
6 months ago
The Psychology of Money: Mental Accounting Explained
Understanding Mental Accounting: Avoiding Common Financial Pitfalls In this episode of the Money Strong Personal and Behavioral Finance podcast, host Dr. Bryan Foltice introduces 'Psychological Saturday' with a deep dive into mental accounting. Learn how categorizing money in different areas can lead to both optimal and suboptimal financial decisions. This episode covers how we categorize our investments, income, and financial events, and explores concepts from prospect theory, loss av...
Dr. Bryan Foltice Behavioral Finance Podcast
Welcome to the Money Strong Monday morning broadcast with Dr. Bryan Foltice! In this episode, we break format to discuss the latest economic updates, including the state of the S&P 500, inflation rates, and interest rates, and their impacts. Dr. Foltice then dives deep into this episode's primary topic—NIL (Name, Image, and Likeness) money and its significant effect on student-athletes in U.S. colleges. Learn about the various tiers of NIL compensation, financial challenges, a...
