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The Real Reason You Avoid Checking Your Bank Balance
Published 1 week, 4 days ago
Description
There's a notification on your phone you haven't opened, a red circle that keeps climbing, a balance you already suspect is lower than you'd like. This episode looks at why so many of us quietly stop checking our accounts exactly when the news might be bad.
You'll hear about the ostrich effect, a well-documented pattern researchers have found in millions of real bank and investment accounts, where people check far less often during hard stretches and far more often when things are going well. You'll also learn why the fear of bad news almost always feels bigger than the news itself, and why avoiding a number rarely protects you from anything.
Follow 7 Good Minutes for new episodes every day.
Watch 7 Good Minutes on YouTube: https://youtube.com/@7goodminutes
7 Good Minutes is presented by OCEANSCAPE and published by The Extraordinary Network.
You'll hear about the ostrich effect, a well-documented pattern researchers have found in millions of real bank and investment accounts, where people check far less often during hard stretches and far more often when things are going well. You'll also learn why the fear of bad news almost always feels bigger than the news itself, and why avoiding a number rarely protects you from anything.
Follow 7 Good Minutes for new episodes every day.
Watch 7 Good Minutes on YouTube: https://youtube.com/@7goodminutes
7 Good Minutes is presented by OCEANSCAPE and published by The Extraordinary Network.