070 Why we don’t (always) follow money advice, with Dr Moira Somers

 
 
Moira Somers

Have you ever sought financial advice?

And if so, did you act on the advice given? If you didn’t follow the advice you received, you’re not alone.

Too often, the advice is sound (hopefully) and you’re eager, but for some reason nothing happens.

Neuropsychologist and financial change expert, Dr Moira Somers, recognised this pattern in her work and was concerned about the well-being of her clients and the lost opportunities. So, she decided to investigate further.

Dr Somers has published a book called ‘Advice that Sticks’ which examines the five main factors that determine whether someone will follow through with financial advice and joins me to discuss her findings.


Useful links

Moira’s Money, Mind and Meaning website

‘Advice That Sticks’ book on Amazon

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071 Living through later life

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069 Improve your financial decision making, with Greg Davies