Our Money and Our Attention: Spending, Investing, and Thriving in the Attention Economy
| Date/Time: | Tuesday, 16 Apr 2024 at 6:00 pm |
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| Location: | 2630 Memorial Union |
| Contact: | |
| Phone: | 515-294-9934 |
| Channel: | Lecture Series |
| Categories: | Lectures |
| Actions: | Download iCal/vCal | Email Reminder |
Financial Literacy Month LectureIn today's world, our attention is a precious commodity, and we find ourselves immersed in what is often termed an "attention economy." With an overwhelming influx of information from various sources such as television, social media, websites, other humans…and even the data that comes from everything from our cars to our smartphones to our refrigerators, our brains are inundated with more data than we can effectively process. The same principles of scarcity that apply to economics also apply to our attention.Navigating this sea of information poses a significant challenge. How do we distinguish between what is relevant and what is not, or between fact and opinion? In this talk, Dr. Chaffin will draw parallels between financial planning and cognitive psychology, outlining how we can live and thrive in this attention economy. Most importantly, we will focus on how we can develop a spending and investing plan for our two most valuable resources: Our money and our attention.Dr. Charles Chaffin’s work encompasses a broad range of fields, from educational and cognitive psychology to financial planning. He has served as the author or lead editor of 7 different books within financial planning and cognitive psychology, helping practitioners become more client-centered and helping individuals and companies address distraction in the workplace.Dr. Chaffin is co-founder of the Psychology of Financial Planning instructional programs, designed to help practitioners better understand the biases, behaviors, and perceptions of their clients. He consults with financial planning firms across various business models to help fine-tune their communication and develop strategies that will help people make better financial decisions. He co-launched the Financial Psychology Inventory, a detailed assessment that can outline and predict client risk tolerance and financial decision-making during market volatility and life events. His Psychology of Financial Planning program has been incorporated into the curriculum of close to 100 colleges and universities in 12 countries.He served as co-Academic Director of the Client Psychology program at The Wharton School as well as Program Lead of the Financial Planning Teaching Seminar at Columbia University. He led research and education activities at CFP Board for close to 12 years. He is also the co-founder of Affirming Advisor™, a first-of-its kind program designed to help advisors and firms better serve LGBTQIA+ clients and allies.He is Professor of Practice in the College of Human Sciences at Iowa State University.The ISU Book Store will be at the event selling copies of the speaker's book.This lecture will be recorded and available to view within 24-36 hours after its conclusion on the Available Recordings page.