Psychology of Money Finessing Financial Security with Michelle Singletary & Scott Nations

 Michelle Singletary & Scott Nations

These days, more often than not, financial market headlines include the terms ‘market crash’,  ‘bubble bursting’, ‘inflation’, or ‘downturn’. What do these terms mean for long-term investors or for those who don’t invest but are impacted by job loss or economic hardship? How can everyday Americans attain enough financial security to be happy? To get expert advice about staying financially healthy, Positive Psychology Podcast Host Lisa Cypers Kamen speaks with two economic experts who talk about the psychology of money and how to achieve financial security. Michelle Singletary is a well-known financial advisor and a syndicated columnist for the Washington Post and other high-profile news outlets. She discusses tips for creating a savings cushion in the case of an emergency and how financial security means paying for basic needs first. The information is from her book, What to Do with Your Money When Crisis Hits: A Survival Guide. Scott Nations is the president of a financial firm and a regular contributor to CNBC. He talks about his book, The Anxious Investor: Mastering the Mental Game of Investing, and the human behaviors that lead us to either be averse to risk or embrace it.

About Lisa’s guests: 

Michelle Singletary is a syndicated columnist for The Washington Post and her award-winning column, "The Color of Money," appears twice a week in dozens of newspapers across the country. She is a frequent contributor to NPR and regularly appears on CNN’s weekend editions of New Day, CNN Newsroom, and The Situation Room with Wolf Blitzer. In 2020, The Washington Post celebrated her long and distinguished career at the paper with the Eugene Meyer Award, its highest journalistic honor. Singletary earned a master's degree in business and management from Johns Hopkins University. Currently, she lives in Maryland with her husband and three children 

Book: What To Do With Your Money When Crisis Hits: A Survival Guide

 Scott Nations is the president of NationsShares, a financial firm that specializes in market volatility analysis. He was a regular contributor to CNBC, where he discussed markets and other investment topics. He is the author of A History of the United States in Five Crashes, as well as two technical books for option traders, Options Math, and The Complete Book of Option Spreads and Combinations. He is based in Chicago. 

Book: The Anxious Investor: Mastering the Mental Game of Investing 

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