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Artwork for Standard Deviations with Dr. Daniel Crosby
Standard Deviations with Dr. Daniel Crosby · Thursday · 30 min

Dr. Tyler Rosier - Wired for Wealth

Tune in to hear: What did Dr. Rosier see in his clinical work that convinced him that the way in which people handle money is, at its core, partially a brain problem? What does clinical neuropsychology add to the behavioral finance picture when we are trying to understand why people do what they do with money and why they can know the right thing but still fail to do the right thing? What is one place where an underlying neurological mechanism gives birth to a behavior that a behavioral finance expert might flag and what should we do about this? Why do money scripts have such staying power for us, even when we may become consciously aware of them? What are some practical ways we can bring our money scripts to our awareness and are there some common money scripts we should be on the look out for? Is this the kind of thing that people need a financial therapist, or a psychotherapist, to root out or can it just be done with selfwork and introspection? Why are high-achievers still vulnerable to scarcity mindsets, even when it is so divergent from their present reality? How can people apply Dr. Rosier’s “wired framework” and what is it exactly? Once someone has woken up to previously unexamined money scripts, how can they sort of jam the signal when our wiring is so limbic and deep? If someone were to design a financial environment that makes good decisions easy and bad decisions hard, what might this look like in particular? What signals should investors look for that it’s time to take a step back or time to take a pause before making a decision? What is it that creates the gap between the financial life we say we want and the financial life we lead? Links Dr. Tyler Rosier on LinkedIn Dr. Rosier’s Website Wired for Wealth Connect with Us Meet Dr. Daniel Crosby Check Out All of Orion’s Podcasts Power Your Growth with Orion Disclosures: These show notes may contain links to third-party websites. Any links to such third-party websites are provided solely as a convenience to you and not as an endorsement by Orion of the content on such third-party websites, or any affiliation or association with its operators. Orion is not responsible for the content of linked third-party websites, including, without limitation, any link contained in a linked website, or any changes or updates to a linked website, and do not make any representations regarding the information, services, products or accuracy of any material contained on such third-party websites. Compliance Code: 2524-U-26243

0:00-30:00

transcript

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show notes

Tune in to hear:

  • What did Dr. Rosier see in his clinical work that convinced him that the way in which people handle money is, at its core, partially a brain problem?
  • What does clinical neuropsychology add to the behavioral finance picture when we are trying to understand why people do what they do with money and why they can know the right thing but still fail to do the right thing?
  • What is one place where an underlying neurological mechanism gives birth to a behavior that a behavioral finance expert might flag and what should we do about this?
  • Why do money scripts have such staying power for us, even when we may become consciously aware of them?
  • What are some practical ways we can bring our money scripts to our awareness and are there some common money scripts we should be on the look out for?
  • Is this the kind of thing that people need a financial therapist, or a psychotherapist, to root out or can it just be done with selfwork and introspection? 
  • Why are high-achievers still vulnerable to scarcity mindsets, even when it is so divergent from their present reality?
  • How can people apply Dr. Rosier’s “wired framework” and what is it exactly?
  • Once someone has woken up to previously unexamined money scripts, how can they sort of jam the signal when our wiring is so limbic and deep?
  • If someone were to design a financial environment that makes good decisions easy and bad decisions hard, what might this look like in particular?
  • What signals should investors look for that it’s time to take a step back or time to take a pause before making a decision?
  • What is it that creates the gap between the financial life we say we want and the financial life we lead?

Links

Connect with Us

Disclosures:

These show notes may contain links to third-party websites. Any links to such third-party websites are provided solely as a convenience to you and not as an endorsement by Orion of the content on such third-party websites, or any affiliation or association with its operators. Orion is not responsible for the content of linked third-party websites, including, without limitation, any link contained in a linked website, or any changes or updates to a linked website, and do not make any representations regarding the information, services, products or accuracy of any material contained on such third-party websites.

Compliance Code: 2524-U-26243

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