'Behavioral Finance Podcast: Sometimes it's Okay to Spend' with Svetlana Gherzi, Behavioral Finance Specialist Americas, UBS Wealth Management CIO

Summary: Podcast #8: Professor Abigail Sussman from the Booth School of Business at the University of Chicago joins us on this week's podcast to discuss budgeting and spending. Investors are always encouraged to save; yet, sometimes spending is actually the optimal strategy. Spending can help to maximize total net worth, as long as investors are budgeting and actively avoiding behavioral biases.