468: Kabir Sehgal | The Darwin of Dollars

science

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Kabir Sehgal (@HiKabir) looks at biological, psychological, and external factors that help us make sense of how we interact with our dollars in his book Coined: the Rich Life of Money and How Its History Has Shaped Us.

The Cheat Sheet:
  • What happens in your brain when you think about money? There's a science for that, and it's called neuroeconomics.
  • The anticipation of gaining money tends to provoke a stronger reaction than having money -- part of our survival wiring?
  • The way we deal with money is coded on a genetic level -- in fact, about 20 percent of your credit score is influenced by your genetics.
  • Why should you pay with cash if you're trying to save money (beyond the obvious reason of avoiding excessive interest payments)?
  • Why is the sun a good business barometer?
  • And so much more...

Show notes at http://theartofcharm.com/podcast-episodes/kabir-sehgal-the-darwin-of-dollars-episode-468/

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