Mind Over Money

They say that money can't buy you happiness, but is that true? In this episode Nigel talks with some recent millionaires, meets a family who seem to have cracked the code for buying happiness, finds out why paying for things feels so painful, and the Nudge Unit throws a weirdly named TV Game Show in someone's kitchen to help overcome an extreme case of buyer's remorse.

This Is Something A Lot Of Us Do And Something That Causes All Kinds Of Problems In Our Lives So Why Do We Spend Money We Dont Have And What Can We Do About It Well Demonstrate Why Our Brains Dont Always Think 5 Is 5 Investigate How A Trick Called Lsquoanchoring Shapes The Way We Respond To Price Tags And Learn About The Power Of Thinking About A Thing Called Opportunity Cost

We all know we should save, but most of us aren't saving anywhere near enough. Why? Because saving is boring. Our brains have a surprising response to saving, and in this episode Nigel sets out to find out why we don't like saving, and how we can get better at it. Along the way he's going to take lollipops off little kids and show us all how we fudge the books inside our own heads.

One of the most important things we can do for our children is to help them be better with money. In this episode Nigel discovers all kind of surprising things about how we should talk to our kids about money. He'll also show us something that Einstein reportedly said was "the eighth wonder of the world", and may be one of the most important things you can ever teach your kids about money.

Can you live happily ever after? How can you get your mind over your money to get to the happy ending? We'll see if people would rather give themselves electric shocks than make a financial plan for their future, Nigel will show us the perils of optimism, and the 'Nudge Unit' will nudge a young couple to meet their retired selves and to see if we can explore their financial future.