Australian Finance Podcast, Podcasts

🧠 Brain Hacks: You’ve made a financial mistake – now what?

In this episode of Brain Hacks with Kate Campbell and Evan Lucas, we're talking about making mistakes with our money, learning from them and moving forward.

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Ever made a money mistake?

In this episode of Brain Hacks with Kate Campbell and Evan Lucas, we’re talking about making mistakes with our money, learning from them and moving forward.

In our latest series, “Brain Hacks with Kate Campbell & Evan Lucas”, the duo discusses common behavioural biases impacting our financial futures and strategies to combat them. Just look for the 🧠 episodes every month.

You’ve made a mistake on your investing journey – what now?

From a personal finance perspective

Regrets on choices you didn’t make and decision ghosts
Wish I had started earlier —> never too late to start today

From an investing perspective

Sunk cost fallacy —> throwing good money after bad
Waiting until you break even —> massive opportunity cost
What happens if you fail?

Podcast resources

📚 Enjoyed this episode? You’ll love Kate’s upcoming book, Buying Happiness, which you can preorder on Booktopia or Amazon.
🙋🏽‍♀️ ASK KATE & EVAN A QUESTION: https://bit.ly/3QtiY00
Catch Brain Hacks Part 1: Help – I Don’t Want To Make A Money Mistake!
Catch Brain Hacks Part 2: FOMO, greed and where we go wrong as investors
Catch Brain Hacks Part 3: Making short term vs long term financial decisions | Rask Media
Catch Brain Hacks Part 4: Will I ever have enough money? | Rask Media
Catch Brain Hacks Part 5: Automating your finances to improve your life | Rask Media
Catch Brain Hacks Part 6: Pressing pause on your money goals | Rask Media

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General Financial Advice warning

The information on this website is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) and Target Market Determination before making a decision to acquire any financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

“Rask Invest” is considered a financial product and has a Product Disclosure Statement (PDS) and Target Market Determination (TMD), issued by InvestSMART. These documents can be accessed on the Rask Invest website. Please seek professional advice before making any investment decision with respect to Rask Invest.