Tightwads and Spendthrifts & Why We Love “Made in America”

Something You Should Know

08-01-2024 • 49 min

Choking under pressure. No one wants to do that yet when the stakes are high, it can be hard to rise to the occasion and easy to choke. This episode begins with a technique that has proven to help people in high pressure situations to NOT choke when there is a lot riding on the outcome. http://www.apa.org/news/press/releases/2012/09/choking-pressure.aspx You likely know people you are tightwads or spendthrifts. Perhaps you are one of them. How is it that some people become one or the other? Why does it seem that they are attracted to each other (and apparently they really are)? What’s the difference between being a tightwad and being frugal – or cheap? Here to explain the world of tightwads and spendthrifts is Scott Rick He is a marketing professor at the University of Michigan’s Ross School of Business, and author of the book, Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships (https://amzn.to/47oFOxt). Interestingly, Scott is a spendthrift who is married to a tightwad so he is truly on the front lines of this discussion.  Here in the USA, people like the idea of buying products that are “Made in America.” Still, over the last several decades, a lot of things that used to be made here have been outsourced to other countries. Now there is an effort to bring more manufacturing back to the United States. Joining me to explain why so much manufacturing left in the first place, how it is coming back and the benefits of doing so is Rachel Slade. Rachel teaches political science at Tufts University, she is an award winning writer and she is author of a book called Making It in America: The Almost Impossible Quest to Manufacture in the U.S.A. (And How It Got That Way) (https://amzn.to/3NPlezt). There is no one secret to happiness. However, there are some necessary ingredients to having an overall sense of happiness. Listen as I explain what they are and how to create them in your life. https://www.biopsychiatry.com/happiness/ PLEASE SUPPORT OUR SPONSORS! Indeed is offering SYSK listeners a $75 Sponsored Job Credit to get your jobs more visibility at https://Indeed.com/SOMETHING TurboTax Experts make all your moves count — filing with 100% accuracy and getting your max refund, guaranteed! See guarantee details at https://TurboTax.com/Guarantees Dell Technologies and Intel are pushing what technology can do, so great ideas can happen! Find out how to bring your ideas to life at https://Dell.com/WelcomeToNow Learn more about your ad choices. Visit podcastchoices.com/adchoices

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