113: In the Psychology of Money, Melissa Pancoast, founder of the Beans, joins host William Glass to discuss why our current approach to finances leaves millions of people behind. Melissa has spent years studying behavioral tech that can reduce financial stress and shares her learnings that she's applying at the Beans. We discuss how our current approaches to financial improvement are not aligned with our psychology which directly impacts financial stress levels.

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About Melissa Pancoast:

Melissa Pancoast is the founder and CEO of The Beans, a financial care company that is building financial products, experiences, and community for America’s “Caring Class”- those who choose careers of mission over money. She started her career as a teacher, where she saw the impact of financial stress firsthand in her community.

After completing post-graduate work, she served as a researcher in the University of Oxford’s Centre for Evidence-Based Interventions, where she saw the potential to massively and cheaply scale effective behavioral tech and developed the first program proven to reduce financial stress. Since then, she has run operations for Big Health, launched Seacliff Sales, and co-founded Comet Labs, a venture capital fund focused on early-stage machine intelligence companies.

https://www.linkedin.com/in/mgpancoast/

https://www.linkedin.com/company/the-beans/

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