
This episode explores the challenges of financial change through the lens of musical taste and risk appetite.
In this special edition of Money Lessons, Andy takes on a question that sits underneath most of personal finance: why change is so hard. A complaint about his band's setlist leads to the research on why musical taste is set around age fourteen — and to the study showing that appetite for financial risk locks in the same way, set by whatever the markets were doing when a person first had money in play. Neither one was a decision. Both feel like one. AndrewTemte.com
Host: Andrew Temte
Books & works: The Same Old Songs
Explore listener stats, chart rankings, contacts and more on the Money Lessons with Andrew Temte, PhD, CFA podcast page.