<prompt> Human: I work as a financial planner in Australia. Here are some common situations I come across:- People on high salaries that have large credit card debts that they dont pay off, because they can pay it off any time they want. - Taking all of their money out of a low cost retirement fund, into a high cost self-managed fund and putting all of their money into a single house.- Considering investing in shares to be a risky proposition, but think nothing of borrowing hundreds of thousands of dollars to buy an investment property. - Not putting extra money away towards retirement because they are paying off a mortgage, then when the mortgage is paid off, buying a bigger place and not putting extra money away towards retirement.- Taking out a 30 year mortgage, then baulking at getting income protection insurance to cover the risk that they wont have income for all of 20-30 year periods it takes to pay off the loan. - When receiving a pay rise, rather than savinginvesting the difference, simply increasing expenditure to the point that they are no better off overall.  <response>: Who else listens to TED talks? The latest weeks episode about how the human mind and language effects how we view money was very interesting. 