The Upside of Being Taken For A Sucker & Why Projects Are Often Late and Over-Budget

Feb 13, 2023 · 49m

We start this episode with some interesting things worth knowing about your credit card including what your options are when the credit card company raises your interest rate. https://motuscc.com/credit-card-processing/9-interesting-credit-card-facts-and-stats/ No one likes to be scammed or taken for a fool. In fact we keep our antenna up so make sure that doesn’t happen. Maybe though, we are being too vigilant. By being so skeptical and wary of situations and opportunities, we may miss out on some very rewarding ones according to Tess Wilkinson-Ryan. She is a University of Pennsylvania law professor and psychologist and author of the book Fool Proof: How Fear of Playing the Sucker Shapes Our Selves and the Social Order--And What We Can Do About It (https://amzn.to/3jMqrfo). Listen as she explains how to put the fear of being taken for a sucker into perspective and feel a lot better for doing so. Can you name a big project that has ever been finished on time and under-budget? Think about any construction project at home or even any government project to build a road or a bridge. It seems it always takes longer and costs more than was projected. Why is that? Why can’t anyone seem to…

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