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Why talking to your friends can help you save money | Your Money and Your Mind

What convinced British citizens to send in their taxes on time — and resulted in San Diego residents reducing their energy consumption? Learning that their neighbors were doing it. Behavioral psychologist Wendy De La Rosa shares the surprising power of our peers and how we can use it to improve our financial habits. Managing your…

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What convinced British citizens to send in their taxes on time — and resulted in San Diego residents reducing their energy consumption? Learning that their neighbors were doing it. Behavioral psychologist Wendy De La Rosa shares the surprising power of our peers and how we can use it to improve our financial habits.

Managing your money can feel scary and complicated, but it doesn’t have to be. In this TED series, behavioral scientist Wendy De La Rosa explains why we spend too much and save too little — and shares easy steps to help us achieve a more secure financial future. (Made possible with the support of Wells Fargo)

Watch Your Money and Your Mind with Wendy De La Rosa at

54 Comments

  1. Ted lasso is dope

    March 3, 2021 at 11:48 am

    Ha i dont have debt

  2. Savage Bro

    March 3, 2021 at 12:06 pm

    Proximity to the proper people propels your personal pursuits.

  3. Taylor G

    March 3, 2021 at 12:23 pm

    Heres some advice dont bank at the company sponsoring this video

  4. Lisa Love Ministries

    March 3, 2021 at 12:34 pm

    Repent.
    1 John 1:8-10

    • Lisa Love Ministries

      March 3, 2021 at 8:58 pm

      @E con
      You would have to be god to know that.
      John 14:6

  5. e36s54

    March 3, 2021 at 12:55 pm

    Least insightful “TED talk” I’ve ever listened to… should have been 3 sec long.

  6. N. R.

    March 3, 2021 at 12:56 pm

    Best to save money is move to a poor neighborhood

  7. j e n u i n e

    March 3, 2021 at 1:06 pm

    rare to find real GOOD friends whom you can trust about money matters.

    my “friends” always borrow and when you lend them, always late or forgets to pay back… worse, trick you to paying more on something they recommend cause they got commissions…

    i’d rather be alone than be used by user-friendly friends

    • T E D

      March 3, 2021 at 2:42 pm

      Mrs Polina. she’s the best broker……

  8. Marcus -

    March 3, 2021 at 1:09 pm

    “Love goes out the door when money comes innuendo”- Groucho

  9. Konstantin Wach

    March 3, 2021 at 1:12 pm

    “I am working full time and can not get by on minimum wage. In the meantime my company makes billions in profits.”
    “Just save more money, dummy! Talk to your friends!”
    This message is brought to you by Wells Fargo.

    • Christopher Gruenwald

      March 4, 2021 at 2:39 pm

      No one ever said you had to work for minimum wage. There are a lot of higher paying jobs that require skilled labor, not even necessarily college education. You could even start your own business and work for yourself. Anything less is just an excuse for not making anything of yourself. I had a minimum wage job at 14. By 21 I had built up enough skills to earn 4 times that without a degree in anything. At 23 I started my own business. 11 years later I’m still in business for myself. You make your own path through the decisions you make each and every day. If you have no desire to learn and build new skills each day to advance yourself, you’ll probably be stuck working that minimum wage job your entire life.

  10. AH-64 Apache

    March 3, 2021 at 1:21 pm

    Please remember to hold off telling your friends EVERYTHING about your financial situation. Yes tipps and tricks are nice, but don’t treat your personal stuff too liberally! We have seen this with social, health and now financial information. The banks will profit from your behaviour and you will not have any controll over it, since “It S nOrMaL tO tAlK aBoUt AlL mY fInAnCiAl InFo”…

  11. Rebecca Johnson

    March 3, 2021 at 1:27 pm

    Bold of you to assume I have friends.

  12. Agrima Singh

    March 3, 2021 at 1:28 pm

    It is true . I was a failure when I didn’t had any friend but after gaining some topper friends i became a student who is good at studies.

    • Agrima Singh

      March 3, 2021 at 3:05 pm

      @T E D and may I know what this is?🙋🏻‍♀️

    • Agrima Singh

      March 3, 2021 at 3:06 pm

      @T E D yeah it made a good impact on me

  13. Annabelle Spears

    March 3, 2021 at 1:38 pm

    I’m 42,retired with a net worth of over $1million. I’m currently traveling the world with my partner. I’ve loved the FIRE movement planned for it and I did it!
    You can do it too

    • Annabelle Spears

      March 3, 2021 at 4:13 pm

      @Nadia White Yes you can that’s a very nice start up,and your weekly payout will be great

    • Annabelle Spears

      March 3, 2021 at 4:34 pm

      @ヤマト Thank you so much,can I know your name please?
      I don’t actually understand this one here lol😅

    • Christopher Ezra

      March 3, 2021 at 5:06 pm

      Good seeing Virginia’s services recommended here. This clearly shows that,provided your profits are genuine and great people will always spread your good works

    • JewTube

      March 3, 2021 at 5:06 pm

      scam.

    • Christopher Ezra

      March 3, 2021 at 5:07 pm

      Newbies you guys should be ready to be fed with huge profits because this week is so awesome and interesting 😂

    • Melesniannon

      March 4, 2021 at 4:06 pm

      The bots are out in force again. This entire conversation is fake.

    • Shadowside

      March 6, 2021 at 5:01 pm

      This is a spam/scam account people. As soon as someone starts throwing about big numbers, mentioning whatsapp, crypto and stocks/shares you should not get drawn into it

  14. Sara Angel

    March 3, 2021 at 1:42 pm

    idk man, this feels like a financial diet rip off

    • T E D

      March 3, 2021 at 2:35 pm

      W. H. A. T. S. A. P. P…
      +. 1. 3. 8. 5 . 3. 5. 0. 0. 6. 8. 7…

  15. mh uk vevo

    March 3, 2021 at 1:59 pm

    If you whant made monuy sell weed and drugs 100% you will made mouny but you will go to hill 😅😅😅😅😅😅

  16. Bartłomiej Odachowski

    March 3, 2021 at 2:37 pm

    Thx

    • T E D

      March 3, 2021 at 2:39 pm

      {✅}
      W. H. A. T. S. A. P. P…
      +1, (385), 3, 5, 0, 0, 6, 8, 7,

    • T E D

      March 3, 2021 at 2:39 pm

      top earning methods,,

  17. Lauren Vacula

    March 3, 2021 at 2:55 pm

    I’m taking a course on manifestation right now and learning about Mirror Neurons. The people we surround ourselves with, the things we watch, and what we consume all very much matters!

  18. Stuart Johnson

    March 3, 2021 at 2:59 pm

    Financial advice sponsored by Wells Fargo… Ya take that with a grain of salt

  19. Chris G

    March 3, 2021 at 3:46 pm

    Thanks now where do I get these “friends” you speak of?

  20. emilemil1 | Nightcore

    March 3, 2021 at 5:02 pm

    How to save money: spend less money.

    It’s literally that simple. Don’t overcomplicate it.

  21. Kurt Bennett

    March 3, 2021 at 5:30 pm

    People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in Crypto as it’s retracing….BE WISE

    • Olivia Ava

      March 3, 2021 at 6:15 pm

      Text her on What’s apq⬇️⬇️

    • Olivia Ava

      March 3, 2021 at 6:15 pm

      +1 7 4 0 2 3 3 6 3 0 9

    • Stevens Jona

      March 3, 2021 at 6:17 pm

      Thanks , placing my trade with Expert Andrea ASAP

    • TE D

      March 3, 2021 at 9:45 pm

      @God Is with me Wow that’s nice, thanks for replying, you can send a message to my administrator James on watsap to earn in crypto, Stocks and ETFs.
      + 1… 4… 0… 6… 2… 8… 2… 1… 0… 9… 3….
      he’s excellent at what he does, tell him I referred you to him. His passionate strategies are top notch.🇺🇸🇺🇸🇺🇸

  22. Chris Nielsen Jr

    March 3, 2021 at 5:48 pm

    1:33 Why the heck we see lottery tickets from Turkey even though all content is mostly targeting the US market?

  23. Carprincess

    March 3, 2021 at 6:19 pm

    The lottery number statistic was interesting.

  24. Kaysha

    March 3, 2021 at 10:28 pm

    Hey I realized I’ve done the “asking friend about their savings” stuff! It helped me to feel like I’m not alone

  25. Iván Lopez

    March 4, 2021 at 1:11 am

    Don’t waste your money on things you don’t need. Invest in education, health and meet new people that will help you in the future.

  26. John Keith Marzo

    March 4, 2021 at 1:48 am

    I and my friends share the same financial values and we really talk about the financial stuff a lot. It really helped us in attaining our financial goals.

  27. maxcoseti

    March 4, 2021 at 2:32 am

    Jesuschrist we are dumb

  28. IvanAndreevich

    March 4, 2021 at 6:19 am

    Uh-huh. So peer pressure is good now, as long as big brother decides what manipulating should take place. Got it.

  29. Christopher Gruenwald

    March 4, 2021 at 2:27 pm

    I put big extra payments on my mortgage and auto loan, because right now I might have less, but in the future it will save me a pile in interest expenses and years of making payments. I can’t wait to be 100% debt free.

  30. Melesniannon

    March 4, 2021 at 4:09 pm

    Me: “Hey buddy, nice to see you again. Tell me, do you have any savings?”
    Friend: *eyes me warily* “why….?”

    Bonus irony is that these videos have bots posting fake conversations pretending they’re people sharing positive experiences investing in cryptocurrency to scam others into giving their money to a total stranger. People are wary of talking about their finances for very good reason.

  31. Neo Anderson

    March 4, 2021 at 4:53 pm

    these vids are nice

  32. TL

    March 4, 2021 at 8:29 pm

    This is useful. Thanks

  33. Pure Technical Analysis

    March 9, 2021 at 2:51 pm

    When I was in my 20s I spent money on unnecessary things: telescope, electric guitar, new speakers every year, etc. And I almost don’t use all this stuff. And only in my 30s I thought: if I didn’t spent all this money, but invest it, I’d triple this money in 3-5 years! But unfortunately you can’t go back in time. But better late than never.

  34. Alex Daniel

    March 11, 2021 at 11:16 pm

    Exemplifying the UK with regards to taxes is such a misnomer. Most people here are on PAYE and never need to work out or pay their taxes. It’s done automatically.

  35. Alex Daniel

    March 11, 2021 at 11:20 pm

    Why not start talking to your colleagues about your wage and comparing with each other to see if any of you are earning enough??

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