You may or may not be familiar with Maslow's Hierarchy of Needs, which is part of one theory explaining human behavior by psychologist Abraham Maslow.
The fundamental idea is that there are some basic needs that must be fulfilled by people before they can move on to solving their more complex or nuanced problems.
For example, one must first obtain food and water (Basic) before worrying about what might happen if they get in a car accident tomorrow (safety). It’s just a theory, but an interesting one.
Tune into this Episode of the School of Finance podcast where we'll help you understand, How you can Apply Maslow's theory to your Income Needs and track your progress towards financial freedom.
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