full transcript

From the Ted Talk by Wendy De La Rosa: Why we make bad financial choices -- even when we know better

Unscramble the Blue Letters


Footnotes

"Always wear sunscreen." "Eat a balanced diet." "A penny saved is a penny earned." You probably all learned these lessons as a kid, maybe from your parents, or if you grew up in the '80s, on the public service announcements at the end of every eoidpse of the G.I. Joe caotonrs. But ceahncs are, despite knowing this, you still sepetpd outside without ptniutg on sunscreen, devoured an entire bag of chips in one go or spent way more of your paycheck than you actpetinaid. So why is that?

[Your Money and Your Mind] with Wendy De La Rosa

A few years ago, two Yale professors coined the term "G.I. Joe fallacy" to describe this very phenomenon. It's the mestikan idea that knowing is half the battle. But as it turns out, in most situations, just knwinog something is not nearly enough for you to put it into practice. itoiofrmnan doesn't always change behavior.

Open Cloze


Footnotes

"Always wear sunscreen." "Eat a balanced diet." "A penny saved is a penny earned." You probably all learned these lessons as a kid, maybe from your parents, or if you grew up in the '80s, on the public service announcements at the end of every _______ of the G.I. Joe ________. But _______ are, despite knowing this, you still _______ outside without _______ on sunscreen, devoured an entire bag of chips in one go or spent way more of your paycheck than you ___________. So why is that?

[Your Money and Your Mind] with Wendy De La Rosa

A few years ago, two Yale professors coined the term "G.I. Joe fallacy" to describe this very phenomenon. It's the ________ idea that knowing is half the battle. But as it turns out, in most situations, just _______ something is not nearly enough for you to put it into practice. ___________ doesn't always change behavior.

Solution


  1. information
  2. mistaken
  3. stepped
  4. anticipated
  5. episode
  6. cartoons
  7. putting
  8. knowing
  9. chances

Original Text


Footnotes

"Always wear sunscreen." "Eat a balanced diet." "A penny saved is a penny earned." You probably all learned these lessons as a kid, maybe from your parents, or if you grew up in the '80s, on the public service announcements at the end of every episode of the G.I. Joe cartoons. But chances are, despite knowing this, you still stepped outside without putting on sunscreen, devoured an entire bag of chips in one go or spent way more of your paycheck than you anticipated. So why is that?

[Your Money and Your Mind] with Wendy De La Rosa

A few years ago, two Yale professors coined the term "G.I. Joe fallacy" to describe this very phenomenon. It's the mistaken idea that knowing is half the battle. But as it turns out, in most situations, just knowing something is not nearly enough for you to put it into practice. Information doesn't always change behavior.

Frequently Occurring Word Combinations


ngrams of length 2

collocation frequency
financial literacy 2
magazine subscription 2


Important Words


  1. announcements
  2. anticipated
  3. bag
  4. balanced
  5. battle
  6. behavior
  7. cartoons
  8. chances
  9. change
  10. chips
  11. coined
  12. de
  13. describe
  14. devoured
  15. diet
  16. earned
  17. entire
  18. episode
  19. footnotes
  20. grew
  21. idea
  22. information
  23. joe
  24. kid
  25. knowing
  26. la
  27. learned
  28. lessons
  29. mind
  30. mistaken
  31. money
  32. parents
  33. paycheck
  34. penny
  35. phenomenon
  36. practice
  37. professors
  38. public
  39. put
  40. putting
  41. rosa
  42. saved
  43. service
  44. situations
  45. spent
  46. stepped
  47. sunscreen
  48. term
  49. turns
  50. wear
  51. wendy
  52. yale
  53. years