My Two Cents: Finance for Teens & Young Adults
Podcast Description
Money doesn’t have to be confusing or boring. My Two Cents makes sense of the financial world with real talk, relatable stories, and practical advice you can actually use. Whether you're a teen just starting out or a young adult ready to take control of your money, this podcast gives you the mindset, tools, and tips to build a financially confident future. Hear from students, entrepreneurs, and experts as we break down how to make smart money moves, starting today.
Podcast Insights
Content Themes
The podcast covers a range of financial topics including compound interest, money mindset, financial literacy, and practical financial strategies. For example, one episode breaks down compound interest and emphasizes its significance for young adults, while another features personal finance lessons learned from a guest's transition between careers, illustrating the importance of mindset.
“My Two Cents” makes sense of the financial world with real talk, relatable stories, and practical advice you can actually use. Whether you’re a teen just starting out or a young adult ready to take control of your money, this podcast gives you the mindset, tools, and tips to build a financially confident future and build your financial identity. Hear from students, entrepreneurs, and experts as we break down how to make smart money moves, starting today.
In this episode of My Two Cents, we explore overconfidence bias: the tendency for investors to overestimate what they know, how well they can predict the market, or how skilled they are at picking winners. Listeners will learn how overconfidence can lead to too much trading, too much risk, and too little attention to what could go wrong.
Research mentioned in this episode:
Barber, B. M., & Odean, T. (2000). “Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors.”
https://faculty.haas.berkeley.edu/odean/papers/returns/individual_investor_performance_final.pdf
Gao, H., Shi, D., & Zhao, B. (2021). “Does Good Luck Make People Overconfident? Evidence from a Natural Experiment in the Stock Market.”
https://www.sciencedirect.com/science/article/abs/pii/S0929119921000547
Hoffmann, A. O. I., & Post, T. (2014). “Self-Attribution Bias in Consumer Financial Decision-Making: How Investment Returns Affect Individuals’ Belief in Skill.”
https://www.sciencedirect.com/science/article/abs/pii/S2214804314000597
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