Dr. Bryan Foltice Behavioral Finance Podcast

Hosted by Dr. Bryan Foltice

Business Investing Education

Website RSS feed

Episodes

Latest episode

Aug 2025

Language

EN-US

About the show

Welcome to the Bryan Foltice Behavioral Finance Podcast, where we dive deep into the fascinating intersection of financial decision-making and human behavior. Your host, Dr. Bryan Foltice, aims to embark on this journey with you to explore the quirks, biases, and psychological factors that shape our financial choices. From understanding why we buy high and sell low, to uncovering the emotional drivers behind our investment strategies, each episode will uncover valuable insights to help you navigate the complex world of finance with clarity and confidence. So, please join us as we unravel the mysteries of personal and behavioral finance and unlock the secrets to making smarter, more informed decisions with your money.

Listen to episodes

60 recent

August 18, 202526 min

Millions on the Field: NIL and the New Age of College Entrepreneurs

Welcome to the Money Strong Monday morning broadcast with Dr. Bryan Foltice! In this episode, we break format to discuss the latest economic updates, including the state of the S&P 500, inflation rates, and interest rates, and their impacts. Dr. Foltice then dives deep into this episode's primary topic—NIL (Name, Image, and Likeness) money and its significant effect on student-athletes in U.S. colleges. Learn about the various tiers of NIL compensation, financial challenges, and opportunities athletes face, and the importance of providing the right support and education to help them navigate this new landscape. Also, get a sneak peek into Dr. Foltice's upcoming fall courses and plans for supporting student-athletes with money management and financial wellbeing.00:00 Introduction and Today's Agenda00:59 Economic Update: Market Trends and Federal Reserve Policies06:57 Preparing for the Upcoming Academic Year08:29 Deep Dive: NIL Money in College Athletics15:34 Understanding the Tiers of NIL Earnings26:23 Conclusion and Upcoming DiscussionsCheck out www.moneystrong.net and www.bryanfoltice.com for more information. Support the showBryan Foltice Behavioral Finance Website - www.bryanfoltice.comMoney Strong Program - www.moneystrong.netInstagram - www.instagram.com/bryanfolticeLinkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/Disclaimer: www.bryanfoltice.com/cv

August 11, 202527 min

Financial Expert Makes Terrible Spending Decisions: Bad Luck or Something Deeper?

How I Overspent $3300 in June & What I Learned From It | Money Strong PodcastIn this episode of the Money Strong Podcast, Dr. Bryan Foltice shares his real-life experience of going over his monthly budget by $3300 in June. He provides insights into how unexpected expenses and impulsive spending can derail financial plans. Learn about his approach to dealing with the aftermath and how he aims to throttle back, simplify life, and regain control over his finances. Follow along as Dr. Foltice wraps up his series on financial well-being, emphasizing the importance of mindset in managing money. Don't miss his tips on how to bounce back from financial mistakes and build a more stable future. Remember to like, comment, and subscribe!00:00 Introduction and Episode Overview03:11 A Month of Overspending: My June Story05:01 The Financial Impact of Summer Activities08:37 Unexpected Expenses and Financial Missteps12:44 The Day of Reckoning: Realizing the Overspend16:04 Strategies to Regain Financial Control17:30 Reflecting on the Root Causes of Overspending21:03 Simplifying Life for Better Financial Health23:41 Mid-July Update: Progress and Optimism26:45 Conclusion and Final ThoughtsSupport the showBryan Foltice Behavioral Finance Website - www.bryanfoltice.comMoney Strong Program - www.moneystrong.netInstagram - www.instagram.com/bryanfolticeLinkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/Disclaimer: www.bryanfoltice.com/cv

August 4, 202515 min

Breaking Free From the (Financial) Shame Wizard and Anxiety Mosquito

Tackling Financial Anxiety and Shame: Steps to OvercomeWelcome back! In this episode, we delve into the often overlooked aspects of financial well-being—financial anxiety and shame. Dr. Bryan Foltice explains how money is more than just numbers; it's tied to our emotions and past experiences. Using references from the show 'Big Mouth,' he illustrates how anxiety and shame manifest, especially in finances. Dr. Foltice provides actionable steps to overcome these feelings: identifying triggers, removing judgment, taking small steps, building habits, and seeking support if needed. Join us in breaking down the stigma around financial struggles and improving your financial confidence. Don't miss next week's episode, where Dr. Foltice shares his own financial mistakes and how he's dealing with them.00:00 Introduction and Recap01:31 Understanding Financial Anxiety and Shame04:15 The Impact of Financial Shame on Students07:30 Steps to Overcome Financial Anxiety and Shame12:47 Seeking Support and Resources14:21 Conclusion and Upcoming TopicsSupport the showBryan Foltice Behavioral Finance Website - www.bryanfoltice.comMoney Strong Program - www.moneystrong.netInstagram - www.instagram.com/bryanfolticeLinkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/Disclaimer: www.bryanfoltice.com/cv

July 28, 202521 min

The Hidden Side of Finance: The Influence of Money Beliefs

Unpacking Money Beliefs: Key to Financial WellbeingWelcome to the Money Strong Podcast hosted by Dr. Bryan Foltice, where we dive deep into the psychology behind our financial decision-making. In this episode, we explore the hidden beliefs about money that stem from our upbringing, culture, media, and personal experiences. Dr. Foltice discusses common money beliefs such as money avoidance, money worship, and money vigilance, and how these beliefs impact our financial behaviors. Learn how to identify and shift these beliefs through awareness, questioning, and rewiring, to improve your financial wellbeing. Don't miss this insightful conversation designed to help you build confidence and take control of your financial future.00:00 Introduction to the Money Strong Podcast00:49 Understanding Money Beliefs01:46 Types of Money Beliefs05:14 Impact of Money Beliefs on Behavior08:00 Common Money Beliefs and Their Effects17:03 Shifting and Rewiring Money Beliefs20:26 Conclusion and Final ThoughtsSupport the showBryan Foltice Behavioral Finance Website - www.bryanfoltice.comMoney Strong Program - www.moneystrong.netInstagram - www.instagram.com/bryanfolticeLinkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/Disclaimer: www.bryanfoltice.com/cv

July 21, 202519 min

Revamp Your Financial Habits: A Step-by-Step Approach

Understanding and Changing Your Financial Behavior | Money Strong PodcastJoin Dr. Bryan Foltice on the Money Strong Podcast as he dives into the psychology behind financial decision-making. Discover why knowing the right financial behaviors isn't enough and learn how to change your habits for the better. In this episode, Dr. Foltice discusses the influence of habits, emotions, and environment on financial behavior and introduces a five-step process to foster lasting change. He also shares personal insights and encourages listeners to start small, celebrate milestones, and prioritize progress over perfection. Tune in for actionable tips to improve your financial wellbeing and gain control over your money.00:00 Introduction to the Money Strong Podcast00:49 Understanding Financial Decision Making01:53 The Challenge of Changing Financial Behaviors02:37 Identifying and Changing Financial Habits05:49 The Five-Step Process to Behavior Change14:51 Replacing and Automating Positive Behaviors17:19 Tracking Progress and Celebrating Milestones19:17 Conclusion and Final ThoughtsSupport the showBryan Foltice Behavioral Finance Website - www.bryanfoltice.comMoney Strong Program - www.moneystrong.netInstagram - www.instagram.com/bryanfolticeLinkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/Disclaimer: www.bryanfoltice.com/cv

July 14, 202516 min

Rewiring Your Brain: How Past Money Memories Influence Today's Choices

Unlocking Your Financial Potential: Understanding Money Memories & MotivationsWelcome to the Money Strong Podcast with Dr. Bryan Foltice, dedicated to helping you gain confidence and control over your finances. In this episode, we explore the deep-seated impact of 'money memories' from childhood and how they shape our financial behaviors today. Dr. Foltice breaks down different money motivations including security, freedom, status, avoiding, giving, and optimizing, explaining how these motivations influence financial decisions. Learn how self-awareness can lead to better financial habits and decisions. Tune in to start transforming your financial mindset and build a healthier relationship with money.00:00 Introduction to Money Strong Podcast00:49 Exploring Money Memories07:58 Understanding Money Motivations15:18 Conclusion and Final ThoughtsSupport the showBryan Foltice Behavioral Finance Website - www.bryanfoltice.comMoney Strong Program - www.moneystrong.netInstagram - www.instagram.com/bryanfolticeLinkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/Disclaimer: www.bryanfoltice.com/cv

July 7, 202516 min

Understanding Financial Well Being: It's Way More Than a Number

Understanding Financial Wellbeing: Key Components and Why It MattersWelcome to the Money Strong Podcast, where Dr. Bryan Foltice helps listeners build confidence and control over their finances. In this episode, Dr. Foltice explores the true meaning of financial wellbeing, breaking down its components such as security, confidence, and control. He discusses the importance of not fixating on a specific financial 'magic number' and delves into the concept of financial wellbeing as defined by the Consumer Financial Protection Bureau (CFPB), including living with a margin between income and expenses, the capacity to absorb financial shocks, and progress towards financial goals. Additionally, Dr. Foltice examines the impact of financial wellbeing on various life aspects like mental health, physical fitness, life fulfillment, relationships, and having fun. Stay tuned to understand your money motivations in the next episode.00:00 Introduction to the Money Strong Podcast00:42 Defining Financial Wellbeing02:36 Components of Financial Wellbeing04:50 Steps to Achieve Financial Wellbeing08:03 The Impact of Financial Wellbeing on Life08:25 The Six Fs of Life and Finance15:42 Conclusion and Next StepsSupport the showBryan Foltice Behavioral Finance Website - www.bryanfoltice.comMoney Strong Program - www.moneystrong.netInstagram - www.instagram.com/bryanfolticeLinkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/Disclaimer: www.bryanfoltice.com/cv

May 10, 202518 min

Understanding the Difference Between Risk vs. Uncertainty: How Ambiguity Aversion Impacts Our Choices

Understanding Ambiguity Aversion: How Uncertainty Affects Financial DecisionsIn this episode of the Money Strong podcast, hosted by Dr. Bryan Foltice, we dive into the concept of ambiguity aversion as part of our Psychology Saturday segment. Bryan explains how individuals prefer known risks over uncertain outcomes and how this affects various aspects of financial decision-making, from stock market behavior to personal finance choices. Real-life examples include investment preferences, insurance purchases, and career decisions. Bryan also shares his personal experiences and offers practical steps to help listeners overcome ambiguity aversion and make more informed financial choices. Tune in for insights and actionable advice to enhance your financial well-being.00:00 Introduction to Psychology Saturday01:42 Understanding Ambiguity Aversion03:36 Ambiguity Aversion in Finance07:27 Ambiguity Aversion in Personal Decisions11:20 Overcoming Ambiguity Aversion16:54 Conclusion and Call to ActionYou can also find more information and free resources at www.bryanfoltice.com and at www.moneystrong.net. Support the showBryan Foltice Behavioral Finance Website - www.bryanfoltice.comMoney Strong Program - www.moneystrong.netInstagram - www.instagram.com/bryanfolticeLinkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/Disclaimer: www.bryanfoltice.com/cv

May 5, 202518 min

Achieving Financial Independence: An In-Depth Look at Its Four Levels

Understanding Financial Independence: Breaking Down the Four LevelsIn this episode of the Money Strong Money Monday podcast, hosted by Dr. Bryan Foltice, the focus is on clarifying the concept of financial independence. Bryan introduces a four-level framework to help listeners understand and navigate their journey toward financial independence. He starts by defining Level 1 as the stage where individuals work to get out of debt and build an emergency fund. Level 2 involves generating passive income through assets like real estate and stocks. Reaching Level 3 means passive income exceeds expenses, allowing more financial freedom. Finally, Level 4 represents ultimate financial flexibility, where income surpasses all expenses by a significant margin. Bryan also encourages listeners to engage with Money Strong's online resources, including their educational programs and social media channels.00:00 Welcome to Money Strong Money Monday00:21 Introduction to Financial Independence00:49 Money Strong Programs and Offers02:39 Understanding Financial Independence Levels05:02 Level 1: Ground Level Starting Line06:42 Level 2: Building Passive Income and Wealth09:36 Level 3: Passive Income Outweighs Expenses14:43 Level 4: Ultimate Financial Flexibility16:16 Conclusion and Final ThoughtsYou can also find more information and free resources at www.bryanfoltice.com and at www.moneystrong.net. Support the showBryan Foltice Behavioral Finance Website - www.bryanfoltice.comMoney Strong Program - www.moneystrong.netInstagram - www.instagram.com/bryanfolticeLinkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/Disclaimer: www.bryanfoltice.com/cv

May 3, 202520 min

The Psychology of Money: Mental Accounting Explained

Understanding Mental Accounting: Avoiding Common Financial PitfallsIn this episode of the Money Strong Personal and Behavioral Finance podcast, host Dr. Bryan Foltice introduces 'Psychological Saturday' with a deep dive into mental accounting. Learn how categorizing money in different areas can lead to both optimal and suboptimal financial decisions. This episode covers how we categorize our investments, income, and financial events, and explores concepts from prospect theory, loss aversion, and the sunk cost fallacy. Bryan also highlights the tendency to overweight low probabilities and offers tips on making better financial decisions. Tune in for insights that could transform your approach to personal finance. Visit www.MoneyStrong.net and connect on social media for more financial advice and resources.00:00 Introduction to Mental Accounting00:59 Behavioral Finance Concepts02:12 Categorizing Investments and Income06:03 Categorizing Spending11:06 Categorizing Financial Events16:48 Overweighting Low Probabilities18:39 Conclusion and Further LearningYou can also find more information and free resources at www.bryanfoltice.com and at www.moneystrong.net. Support the showBryan Foltice Behavioral Finance Website - www.bryanfoltice.comMoney Strong Program - www.moneystrong.netInstagram - www.instagram.com/bryanfolticeLinkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/Disclaimer: www.bryanfoltice.com/cv