A SPENDING PROBLEM?: What Gambling Addiction Research Teaches Us About Our Financial Behavior
How we can "fix" our dopamine pathways to improve our financial habits.
Today's episode dives into gambling research (via Chief of the Stanford Addiction Medicine Dual Diagnosis Clinic, Dr. Anna Lembke) and what it teaches us about our own dopamine pathways:
Specifically, how strange it is that we can get the most dopamine when something objectively bad is happening (like losing money while gambling).
We'll discuss unhealthy relationships with spending, earning, saving, and – bonus! – we'll hear from 3 members of the Money with Katie community who share their stories about spending problems.
Finally, we'll review two major tactics you can try to address the issue (whether you're more of a compulsive spender or saver).
A big thanks to #RichGirls Cynthia, Kate, and Taylor for their vulnerability.
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