In Part 1 of our "Scam-Proof Your Brain" series, Mahima examine's fake scholarship and job scams - two of the most common frauds targeting teens. Discover how scammers exploit scarcity and urgency manipulation to bypass critical thinking, and learn why optimism bias makes even smart people vulnerable. This episode references peer-reviewed research from Taylor's University, the Better Business Bureau Institute, and the FINRA Foundation.
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In Part 1 of our "Scam-Proof Your Brain" series, Mahima examine's fake scholarship and job scams - two of the most common frauds targeting teens. Discover how scammers exploit scarcity and urgency manipulation to bypass critical thinking, and learn why optimism bias makes even smart people vulnerable. This episode references peer-reviewed research from Taylor's University, the Better Business Bureau Institute, and the FINRA Foundation.
In this episode, Mahima breaks down compound interest, the time value of money, and why starting early, even with just a little, can lead to big growth. Only 17% of young adults can explain compound interest. That means 83% of our peers are missing out on what could be free money. You're ahead by just listening to this episode. *Disclaimer: This podcast is for educational purposes only and not to promote any financial products.
My Two Cents: Finance for Teens & Young Adults
In Part 1 of our "Scam-Proof Your Brain" series, Mahima examine's fake scholarship and job scams - two of the most common frauds targeting teens. Discover how scammers exploit scarcity and urgency manipulation to bypass critical thinking, and learn why optimism bias makes even smart people vulnerable. This episode references peer-reviewed research from Taylor's University, the Better Business Bureau Institute, and the FINRA Foundation.