What’s Really Controlling Your Money? & When to Quit
4/13/202648 min
Most people think they’re good drivers. But there’s one simple thing you can do—or not do—that has a surprisingly big impact on how well you drive. It takes almost no effort, yet skipping it can quietly increase your chances of making mistakes behind the wheel. https://pubmed.ncbi.nlm.nih.gov/25890276/ Your financial life may feel like a series of personal choices—what you earn, spend, and save. But many of those decisions are shaped by forces you don’t always see. Technology, algorithms, credit systems, and even the way prices are presented can subtly influence how you think about money and what you do with it. Alex Mayyasi, reporter for the podcast Planet Money (https://www.npr.org/podcasts/510289/planet-money) and author of Planet Money: A Guide to the Economic Forces That Shape Your Life (https://amzn.to/4s4H9DO), explains how these hidden forces work—and how becoming aware of them can help you make smarter financial decisions. Quitting has a bad reputation. We’re taught to stick it out, push through, and never give up. But sometimes quitting is exactly the right move. The real challenge is knowing the difference between perseverance and persistence that no longer serves you. Jeffrey Lockwood, professor at the University of Wyoming and author of The Good Quit: Mastering the Fine Art of Giving Up (https://amzn.to/48oBEsG), explores how to recognize when it’s time to walk away—and how making the right decision at the right time can actually move your life forward. An eye that suddenly starts twitching can feel strange and a little unsettling. It often comes out of nowhere and can linger longer than you’d like. But what’s actually causing it—and is it something you should worry about? https://www.mayoclinic.org/symptoms/eye-twitching/basics/causes/sym-20050838 Learn more about your ad choices. Visit megaphone.fm/adchoices
Clips
Transcript preview
First 90 secondsMike Carruthers· Host0:00
[upbeat music] Today on Something You Should Know, how a quick trip to the kitchen can help you be a better driver then hidden factors that affect your money, technology, algorithms, even credit cards There is this strange economics going on where the banks, they want you to use their credit cards so they can charge these fees, but then stores have to pay those fees.
Alex Mayyasi· Guest0:24
So what do stores do? They raise their prices. So now we're paying higher prices because of credit card fees.
Mike Carruthers· Host0:30
Also, why does your eye sometimes just start twitching? And quitting anything, a job, a relationship. There are bad ways to quit and good ways to quit And really, I guess what it comes down to is a wiser, good quit is one that in which an individual quits for the right reasons at the right time and in the right way.
Jeffrey Lockwood· Guest0:54
And any one of those we can screw up.
Mike Carruthers· Host0:56
All this today on Something You Should Know.
Hillary Frank0:59
[upbeat music] Hey, it's Hillary Frank from The Longest Shortest Time, an award-winning podcast about parenthood and reproductive health. We talk about things like sex ed, birth control, pregnancy, bodily autonomy, and of course, kids of all ages. But you don't have to be a parent to listen. If you like surprising, funny, poignant stories about human relationships and, you know, periods, The Longest Shortest Time is for you. Find us in any podcast app or at longestshortesttime.com.