Why smart people make dumb money decisions

Think being smart protects you from financial blunders? Think again. In this episode of The Pete the Planner Show, we uncover why even the most intelligent, high-earning individuals routinely make money mistakes. From gym memberships we never use to inflated lifestyles we never questioned, we explore the sneaky psychological traps—like overconfidence, present bias, and lifestyle creep—that derail even the best of us.

You’ll learn why financial IQ doesn’t always translate to good behavior, and more importantly, how to bridge that gap with practical tools rooted in behavioral science. Whether you're making six figures or just trying to make ends meet, this episode will help you stop being your own financial enemy.

Segments include:

• You Know Better, But Do You Do Better? – Why knowing isn’t doing.

• The Smart-People Traps – The surprising ways confidence costs you.

• How to Outsmart Your Smart Self – Tactical strategies to outwit your own brain.

Smart doesn’t equal invincible. Let’s get better together.