Dr. Bryan Foltice Behavioral Finance Podcast

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Retirement Withdrawals Beyond the 4% Rule: Bryan Foltice on Flexible, Inflation-Adjusted Strategies

In this episode of the Bryan Foltice Behavioral Finance Podcast, we continue to explore why fixed withdrawal rate strategies like the 4% rule can fail over longer 40–50 year retirements, creating a “decumulation paradox” where retirees either run out of money or leave far too m...

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Does the 4% Rule Still Work? Inflation, 50-Year Retirements, and What the Data Really Says

In this episode, we dive into the fixed retirement withdrawal rate debate and why the popular 4% rule deserves a closer look. We discuss how the rule originated from Bill Bengen’s 1994 research, then walk through Bryan and Steve Dolvin’s analysis using U.S. data from 1928–2024 across st...

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In this Q&A episode, we explore four listener questions with Bryan Foltice, starting with whether he teaches the “latte effect,” where he explains he focuses more on big financial decisions like housing and car ownership while still discussing how people often underestimate spending on eating out and DoorDash and how emotional spending can add up. 

We then discuss the realities of...

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Behavioral-Based Financial Education: Bryan Foltice’s 6-Week One-Credit Class That Changes Money Habits

In this episode of the Bryan Foltice Behavioral Finance Podcast, we explore the practical, behavioral-based interventions behind the encouraging results from Bryan’s one-credit and three-credit personal finance classes. We discuss how the one-credit course is structured into six ...

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1-Credit vs 3-Credit Personal Finance: What Actually Changes Student Behavior? | Bryan Foltice

In this episode of the Bryan Foltice Behavioral Finance Podcast, we explore post-class survey results comparing a one-credit Financial Well-Being course with a three-credit Personal Finance course at Butler, using 102 student responses across business/non-business majors and online vs face-to-face fo...

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Using AI Effectively: Pairing the Machine With Your Own Brainpower

In this episode, Bryan Foltice explores how AI can be used really effectively only when it’s coupled with our own brain power. We discuss how conversations about AI often lead back to this core idea, and why it helps to name and formalize a continuum for where we and others fall in our attitudes toward AI. We explore the ...

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Automation Bias in Investing: When to Trust (and Challenge) AI | Bryan Foltice Behavioral Finance Podcast

In this episode of the Bryan Foltice Behavioral Finance Podcast, we explore automation bias—the tendency to use technology as a mental shortcut in place of vigilant information seeking and processing—using examples like GPS routes and copying ChatGPT answers without thinking. W...

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In this episode, we continue the discussion on the diversification heuristic, noting people are naturally good at diversifying but can mistakenly believe they’re diversified when holdings overlap. 

We explores when it might make sense not to diversify, inspired by millionaire profiles that often focus heavily on one area such as real estate, which can be risky when leverage is involved.&nbs...

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In this episode, Dr. Bryan Foltice explains the diversification heuristic as a mental shortcut that often leads to smarter choices but can backfire in the wrong context. 

Using a buffet example and evolutionary reasoning, he shows how people naturally try a little of everything to avoid regret. 

He reviews research on sequential versus simultaneous choice: Simonson (1990) found far more varie...

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In this episode, Dr. Bryan Foltice introduces behavioral finance using a trading-card example where three people buy the same $500 Patrick Mahomes card but act differently: 

One sells it back to buy unopened boxes (the gambler), One files it into a personal collection (the collector), and one lists it for profit (the investor/flipper). 

He traces how trading cards evolved from childhood colle...

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We're back BABY!!! Dr. Bryan Foltice returns to relaunch The Bryan Foltice Behavioral Finance Podcast and refocus it on true behavioral finance rather than generic personal finance content. 

He explains how his work at Butler University, building Money Strong programming, and serving as department chair pulled him away, but with that role now over he’s energized to ramp the show back up and...

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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...

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How I Overspent $3300 in June & What I Learned From It | Money Strong Podcast

In 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 a...

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Tackling Financial Anxiety and Shame: Steps to Overcome

Welcome 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, espe...

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Unpacking Money Beliefs: Key to Financial Wellbeing

Welcome 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 avoidanc...

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Understanding and Changing Your Financial Behavior | Money Strong Podcast

Join 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 enviro...

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Unlocking Your Financial Potential: Understanding Money Memories & Motivations

Welcome 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...

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Understanding Financial Wellbeing: Key Components and Why It Matters

Welcome 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 fixa...

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Understanding Ambiguity Aversion: How Uncertainty Affects Financial Decisions

In 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 st...