The Scarcity Trap: Why Your Brain Sabotages Wealth Before You Even Start
Why does the same smart, capable person make objectively bad financial decisions under pressure? It's not a willpower problem — it's bandwidth. Wayne breaks down the real psychology of scarcity and what to actually do about it.
Full episode description:
Wayne Sutton breaks down the behavioral science behind why financial scarcity doesn't just limit your options — it changes how your brain processes every decision in front of you. Drawing on research from economist Sendhil Mullainathan and psychologist Eldar Shafir, Wayne explains the "bandwidth tax" scarcity places on the mind, why it can…
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