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Description

Welcome to episode #194 of the Debt Free Dad Podcast. So, what exactly is herd mentality? Well, to put it simply, it's the phenomenon where people tend to follow the crowd or conform to the behavior and opinions of the majority, often without critically evaluating their choices. Perhaps it's that instinct to buy that car or product just because "everyone else is doing it." Or do you find yourself saying things like "There is no way to get a college education without student loans" or "Used cars are a bad idea due to repairs" or "credit cards are for emergencies, you'll always have one!" In this episode, we'll examine real-world examples of herd behaviors when it comes to your personal finances, both positive and negative and offer suggestions on how you can overcome this in your life.

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