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The Apps That Help Stop Impulsive Financial Decisions | Your Money Briefing | WSJ

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More people are adding software to their financial apps as a way to curb impulsive behavior with their money.

WSJ personal-finance reporter Imani Moise joins host J.R. Whalen to discuss the benefits and how the programs give people a little friction in order to take a digital break.

0:00 New software is being introduced to financial apps
0:45 How has the software been used for peoples' personal finances?
2:00 How apps like One Sec make you re-evaluate your financial decisions
2:56 What is the significance of 20 seconds?
3:45 What does this mean for financial apps like Robinhood and Venmo going forward?
5:52 What are other methods to make better personal financial decisions?

Your Money Briefing
WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes.

#PersonalFinance #Spending #WSJ
Category
Television
Tags
financial decisions, fintech, financial apps
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