Why Do We Struggle to Talk About Money? | Abby Davisson

Welcome to Behavioral Grooves, the podcast that explores the psychological principles behind why we do what we do. I'm Kurt Nelson. And I'm Tim Houlihan. On today's episode, we have the privilege of speaking with Abby Davison, co-author of Money and Love, an intelligent roadmap for life's biggest decisions, which recently came out in paperback, which is why we're speaking with her. Yeah, and Abby's book introduces us

to a practical 5C framework for making better decisions, clarify, communicate, choices, check in, and consequences, which she developed with her co-author, Myra Strober, a pioneering labor economist from Stanford Business School. What we found really fascinating in our conversation with Abby was how she emphasizes that All major life decisions involve elements of both money and love, that conventional wisdom often has us thinking about money decisions with our heads and relationship decisions with our hearts, creating this problematic and unrealistic split. It's interesting to to think about it that way. And when you say Tim, I mean it's fascinating.

So Um, Abby's book originally came out in January of 2023, and we're celebrating the fact that it's coming out in paperback. Yeah, yay, yeah. And more importantly, the book grew out of Myra's 40 years of experience teaching, a course at Stanford Business School that evolved from women in work. to work and family and the class reflected the ongoing development of Myra's research and how these issues affect anyone who wants to balance career ambition with a meaningful personal life.

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