Nudging Financial Behaviour

Episode 8 – the framing effect – is coming soon!  In this episode of Nudging Financial Behaviour, we talk about what framing is and why it’s important to be aware of. We also chat to certified financial planner, Louis van der Merwe.

Confirmation bias plays a massive part in the way we all think and make decisions. In this episode, we’re delving into what this bias actually is and how to recognise it in ourselves. It’s so important to be able to spot confirmation bias at play because we can miss a lot when we aren’t aware of it.  To help us get a better understanding of how we all fall prey to confirmation bias, we chat to Rac...

It’s almost time for episode 7 of the Nudging Financial Behaviour podcast!  In this episode, we’re delving into confirmation bias and chatting to social media expert Rachel Alberts about the echo chamber effect.

Overconfidence – that feeling that you can do no wrong and your decisions will always work out for you. This is what we’re unpacking in this episode of the Nudging Financial Behaviour podcast. Overconfidence bias is a tricky one because there can be a fine line between confidence and overconfidence. The problem is, one is good for you and the other can be very harmful. Our guest in this episode is...

Episode 6 of the Nudging Financial Behaviour podcast will be out soon!  Get ready to start a deep dive into the actual biases that impact our behaviour and decision-making abilities as we take a look at overconfidence bias.

At last! We’re beginning our discussion on the actual biases that impact our behaviour and decision-making abilities. In this episode, we delve into what biases actually are and explore some psychology around how our brains process information. We thought it would be a good idea to start this discussion around biases with explaining Daniel Kahneman’s concept of System 1 and System 2 thinking. To h...

Episode 5 of the Nudging Financial Behaviour podcast is coming soon!     We’re exploring what behavioural biases actually are and delving into the notion of System 1 and System 2 thinking with the help of Dr Daniel Crosby.

We’re wrapping up our discussion on the common pitfalls that land so many of us in financial trouble. In this episode, we look briefly at irrational behaviour – there’ll be a lot more on this in the rest of the season. Then, we unpack risk aversion, lack of motivation and poor planning.  To help with the unpacking, our guest for the episode is Dirk Groeneveld, a certified financial planner with Cl...

In this episode, we explore the final 4 common pitfalls for financial trouble – irrational behaviour, risk aversion, lack of motivation and poor planning. We also chat to financial planner Dirk Groeneveld.

We take a look at three more financial pitfalls in this episode. They are overconsumption or lifestyle creep, debt and insufficient savings. These three often go hand in hand – you get into debt because you’re trying to cover your lifestyle creep, and then you’re too busy focusing on paying off that debt rather than looking at your savings.  Debt spirals can be very scary, and it can be incredibly...

Episode 3 is coming soon!   In our discussion around debt and how to manage it, we chat to registered debt counsellor and Western Cape representative for DCASA Nadia de Weerdt.

In this episode, we start our discussion on the most common pitfalls that we all encounter when it comes to managing our money. I’ve dedicated the entire episode to one of the biggest pitfalls there is – financial illiteracy.  To help you get to grips with the topic, I chat to certified financial planner Wynand Gouws. He works for the award-winning Gradidge Mahura Investments. It’s great to get hi...

Episode 2 is coming soon! In our discussion of financial literacy, we chat to financial planner Wynand Gouws from Gradidge Mahura Investments.

In this podcast, you’ll learn all about what really impacts the way we make decisions – in particular, decisions about our finances. It’s a deep dive into behavioural finance and how this academic field of study can be applied to everyday money decisions.  In episode one, we’re focusing on getting to know each other and the subject matter. You’ll learn some of my background as an academic and prof...

The very first episode of Nudging Financial Behaviour is coming soon! Featuring guest Rob van Eyden, CEO of IG Markets South Africa and our sponsor for this podcast.

Welcome to the Nudging Financial Behaviour Podcast. Season 1 is coming soon.