Life and Debt: Ep 01 - The psychology of debt

How we make decisions about debt is shaped by more than just numbers on a spreadsheet; our childhood experiences, values and beliefs play a huge role. What role does shame and guilt play in the decisions we make about debt?   Australians are obsessed with buying their own home - more so than anywhere else in the world. Why? And what does this mean for our level of debt?  Hear from financial services worker Jess Brady, CEO of Financial Counselling Australia Fiona Guthrie, social researcher Rebecca Huntley and behavioural scientist Nathalie Spencer. Life and Debt is a four-part series, hosted by The Ethics Centre’s Cris Parker. Hear from financial advisors, journalists, finfluencers, psychologists and historians about the psychology, the history, the marketing and the future of debt. Created by The Young Ambassadors in The Ethics Centre’s Banking and Finance Oath initiative. Our work is made possible by donations including the generous support of Ecstra Foundation - helping to build the financial wellbeing of Australians.