logo
episode-header-image
Apr 2023
22m 34s

Why we make bad investment decisions

My Money My Lifestyle
About this episode
Emotions and Money is a six-part podcast series where we unpack the psychology behind our investment decisions and how our emotions could be sabotaging our financial outcomes.  

In this episode Maya Fisher-French and Paul Nixon, head of behavioural finance at Momentum Investments look at the true cost of our poor investment decision.  

In 2020 South Africans paid 6.5% in behaviour tax and around 3.5% in 2021. What is behaviour tax and what is it about our money emotions that leads us to make decisions that hurt our finances?

Emotions and Money is a six-part podcast series in partnership with Momentum Investments. 

Up next
Sep 3
Who should pay for expensive life-saving drugs?
In this episode of the Maya on Money podcast, host Maya Fisher-French engages in a thought-provoking discussion with Thoneshan Naidoo, CEO of the Health Funders Association, around the complexities of medical schemes in South Africa. The episode opens with a case involving a fath ... Show More
41m 11s
Jun 2026
A Masterclass in Stablecoins and SA Exchange Controls
In this episode of the Maya on Money podcast, host Maya Fisher-French explores the evolving landscape of stablecoins and their implications for everyday consumers. Joined by Wiehann Oliver, Partner and Global Co-Head of Digital Assets at Forvis Mazars, they discuss the recent hig ... Show More
33m 15s
Jun 2026
Unlocking financial freedom for young investors
In this episode of the Maya on Money podcast, host Maya Fisher-French and Adrian Hope-Bailie, the founder of Fynbos Money to discuss the importance of building an emergency fund and investing, how to use both a TFSA and a retirement annuity as part of your retirement plan, and wh ... Show More
31m 16s
Recommended Episodes
Sep 2025
Fear, Greed, and You: Psychology of Money Explained
Ever sold too soon or held on too long? You’re not alone. The psychology of fear and greed drives markets, leading investors to make costly mistakes. In this episode of Talking Wealth, Dale dives into the fascinating world of behavioural finance to explain how psychology influenc ... Show More
55m 13s
May 2023
06. How money psychology can affect your finances
<p>Money psychology can play a major role in how we view our finances - from long-term investing, to maintaining a budget. That’s why Natasha Etschmann (<a href='https://www.instagram.com/tashinvests/'>Tash Invests</a>) and Ana Kresina (Head of Product &amp; Community at <a href= ... Show More
27m 18s
Mar 2022
291: Money is Emotional
We tend to think of personal finance as a technical topic, but it is also highly emotional. How does the emotional impact of money affect the way we address our finances? This week I’m joined by Paco de Leon, founder of The Hell Yeah Group, to discuss this. We talk about the sham ... Show More
11m 12s
Aug 2023
395: Money Is Emotional
How does money's emotional impact affect how we address our finances? At first glance, personal finance can seem like a technical and unemotional topic, but in reality, it’s a subject that can stir up a lot of feelings related to trauma, shame, and guilt. To help discuss the broa ... Show More
10m 47s
Jan 2017
What financial personality type are you?
Psychologists have identified six common traits that can lead to bad financial decisions - so are you a cash splasher, an ostrich or an anxious investor? Plus, the trading secrets of Car Boot sales, and the rising costs of social care. Hosted on Acast. See acast.com/privacy for m ... Show More
16m 39s
Aug 2024
Stop Overthinking & Start Growing Your Money!
Do you ever spend hours & hours researching the perfect shares & ETFs, but then freeze and never actually invest? Have you gone down a rabbit hole of comparing all your insurance options to get a better deal, just to get overwhelmed and stick with what you’ve got? What about when ... Show More
31m 35s
May 2025
Why You Feel So Bad About Money (and Why You Seriously Shouldn’t).
It’s one thing to feel bad about your own money decisions… but what if it’s your parents making you feel worse? This week, we’re diving into why family opinions about how you spend, save, and handle your money hit harder than they should, and how to shake off the guilt so you can ... Show More
39m 38s
Nov 2025
Stop Being Emotional—It’s Why You Keep Losing Money | 515
If your feelings keep driving your finances, you’re paying an invisible tax. In this episode we break down how to regulate emotions, demand receipts (real due diligence), and replace motivation with rules so you stop bleeding time and money. Action over anxiety. Rules over mood. ... Show More
46m 31s
Aug 2025
Corporate Finance Explained | The Psychology of Financial Decision Making
You've spent days building a perfect financial model, yet something about the final decision just feels "off." The numbers don't lie, but our own brains can quietly lead us astray. In this episode of FinPod, we dive deep into the world of cognitive biases and reveal how these hid ... Show More
13m 42s
Dec 2020
1141: Best of 2020: How to Create a Healthier Money Mindset
Today's show reviews some of the best discussions related to money mindset in 2020. The way we think is so much of where our financial reactions and decisions arise. How to develop a healthier mindset to help you make better money choices? Conversations with Arian Simone, Morgan ... Show More
21m 45s