Are you falling into the trap of making risky decisions during these stressful times? Here's how to keep a calm head in a crisis.
Phil Slade
 | Phil Slade is a behavioural economist and psychologist and the author of Going Ape S#!t! and founder of Switch4Schools. He works across digital innovation, strategy and cognitive bias. Phil holds a Bachelor of Psychology from The University of Queensland and a Masters of Organisational Psychology from Griffith University. Connect with Phil Slade on LinkedIn. |
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When you panic, your brain doesn't differentiate between a charging lion and the thought of being scorned over an inappropriate gift.
Spring is here, which means it's time to look into every corner of your financial lives and throw out anything unnecessary. It might be tedious but it could save you hundreds.
There is an old saying in the music business: "You can make a killing, you just can't make a living." Flirting with the rock star trap is a dangerous game.
Why is it so hard to save money? It turns out our brains are terrible judges of likelihood and chance.
We buy cars we can't afford, eat in overpriced places, purchase clothes that put us into debt. Above all, we never, ever talk about our actual finances with anyone. Why?
When you succumb to the lure of a luxury handbag or the convenience of a takeaway meal, it's not your rational brain in charge. It's your inner ape.
