Money Ha Ha

(008) Needs vs. Wants: Humans Gonna Human (w/ JM Contreras)

Episode Summary

Cognitive neuroscientist JM Contreras chats with Dara + Yas about things we need, things we want, and how to tell the difference using some simple brain science tricks.

Episode Notes

FOLLOW US ON:
Instagram
Twitter
Facebook

SUBSCRIBE TO MONEY HA HA:
Apple Podcasts
Google Podcasts
Stitcher
Pocket Casts
Spotify
Overcast
RadioPublic

When it comes to spending smart, the most important thing is knowing the difference between things you need and things you want. Though there’s no hard-and-fast rule for what makes something a need vs. a want (it’s different for everybody), this week’s guest JM Contreras shares how you can use some tricks borrowed from cognitive neuroscience to tell the two apart and make sure you get the right amount of both.

This week, nobody makes it out of the No-Judgement Zone without judging themselves a little bit—but the real judgement comes when Yas and JM throw some shade at experts who act like people with low incomes don’t deserve to spend anything on their wants. How rude!

Full Transcript

Links mentioned in this episode: