Stop Falling For These Everyday Money Traps

https://is1-ssl.mzstatic.com/image/thumb/Podcasts221/v4/97/71/93/9771933e-51ef-14d5-64bd-bba8f8a0b0c1/mza_15004732315376041166.jpg/600x600bb.jpg

Moneywise

63 episodes

4 days ago

Most financial advice still sounds like it’s stuck in a textbook. Moneywise flips that. This podcast brings together a Millennial and a Gen Z voice for honest, jargon-free conversations on all things personal finance, from your salary and SIPs to your insecurities about not having “figured it out” yet. Each month, we focus on one financial topic and unpack it through a series of short, weekly, engaging episodes. It’s a podcast that meets you where you are and helps you move forward, one episode at a time. Continuing the tradition of initiatives and campaigns that motivate, guide, and educate Indians about financial wisdom and wealth creation, we bring you MoneyWise - a podcast series that connects with investors and simplifies the important aspects of investment. We reached out to the average Indian investor through our successful short films like Bachat Nivesh Badhat, One Idiot, and Return of One Idiot to educate the public about the importance of savings and long-term investments for financial growth and security. Our landmark campaigns like #DateyRaho and #PaisonKoRokoMat have educated millions successfully about the power of investing. MoneyWise is about how the average Indian can create wealth in his/her life. Our podcasts simplify tried-and-tested investment wisdom and opportunities for wealth creation in Indian financial markets. This will answer your questions on how you can utilize this information to create your own wealth.

All content for Moneywise is the property of Moneywise and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Investing

Business,

Entrepreneurship

Stop Falling For These Everyday Money Traps

Moneywise

12 minutes

1 month ago

Stop Falling For These Everyday Money Traps

Ever blamed your wins on skill but your losses on “bad luck”? Or spent your money today because tomorrow felt too far away? Or maybe you bought that stock just because “everyone else was doing it”? Welcome to the tricky world of investor psychology in stock market podcast style.

In this episode of the Moneywise Podcast, Virat (our cautious Millennial) and Rachita (our unapologetic Gen Z) take apart three powerful mental traps that shape how we invest, save, and spend. It’s funny, it’s relatable, and it will definitely make you go: “wait… I do that too!”
Here’s what’s on the table:

Self-Attribution Bias: Why we pat ourselves on the back for every win in the market, but blame external forces when things go south.

Present Bias: Why we prefer instant rewards today over potential future gains, and how it shows up in both shopping sprees and stock investing for beginners.

Bandwagon Bias: Why following the crowd feels safe, but may lead us straight into bubbles. Afterall, “everyone’s buying it” doesn’t make it a good choice.

Why tune in?

Because these aren’t just abstract theories, they’re everyday patterns. From panicking during market dips to joining in on “to the moon” hype, these biases shape how we approach the stock market without us even noticing. And spotting them is the first step to avoiding common mistakes.

If you’ve ever wondered why you behave the way you do with money, whether you’re new to stock investing for beginners or have been in the game for years, this episode makes complex ideas about investor psychology in a stock market podcast style: fun, clear, and relatable.