Head Knowledge News Today

Pandemic i said, are we going to be okay? it was a wake-up call for a lot of people financially. >> she said it can actually be a gift. the beauty is we dont have to be an economist to get our money straight. >> what i learned about money, its 80% behavior. 20% head knowledge. just like the health section of life that we know, eat less, exercise more. we know we should probably live on less. we know if we dont have the money, we probably shouldnt buy it. fear shows you theres a deficit in my lif...

Debt snowball plan. you got the smart hat on today. tell us about this plan and what this study now says confirms how smart you are. >> this northwestern professor put together a plan showing us that what weve been teaching for 20 years does actually work. personal finance is about 80% behavior. its only about 20% head knowledge. to get out of debt, you got to have quick wins. you list your debts, smallest to largest. you pay minimum payments on everything but the little one and you attack the l...

And a lot of help from the united states. i mean, lots of people from all over. crews, rescue crews have come in from everywhere and tennesseans are very grateful to the rest of the nation for reaching out and it is rewarding to watch people help each other. >> our hearts and prayers are with all the folks down there, dave. and something else people have to be concerned about in this economic era is their money. so lets take a couple of e-mails right now. one from eric in missouri. im wondering ...

Program, pays off $5,300 in debt and saves $2,700 within three months? >> well, its the stuff we talk about every day here on the air. you know, its common sense. live on less than you make. a concept that congress cant grasp. these kinds of things, right? all were doing is teaching these things over and over. personal finance is about 80% behavior. only about 20% head knowledge so the -- you know, what were doing is modifying behavior more than just teaching somebody, we all kind of know what t...