The Feedback Card: Real-Time Budgeting for Real People Millions of Americans struggle to manage their complex finances, even with countless budgeting tools that exist to make the process easier. The myriad of features included in these kinds of tools can … Continue reading Providing feedback
Overlooking purchase insurance can be costly Software developer Ram Balakrishnan was skeptical about his credit card’s purchase security benefit when his son broke a new video game console shortly after opening the gift. But after checking with the card issuer, … Continue reading Insurance is boringly complex
Apple Pay Will Change the Way Your Brain Thinks About Buying Things Drunk shoppers behave: Impulse buying online just got even easier. With Apple’s new MacBook Pro launched last month, all you have to do is tap your finger to … Continue reading The sober shopping
The psychological trick that makes it harder to pay off your credit cards Unlike your typical mortgage or car loan, credit cards are a door to open-ended debt. There exist no standard repayment plans, no deadlines to keep you on … Continue reading Anchoring to the minimum payment
Why a latte tastes better when you pay with cash It was a Starbucks skinny latte that inspired Avni Shah to take a closer look at how the payment methods used by consumers can change the way we think about … Continue reading Is cash better than cards?
A Little Nagging Can Help Reduce Credit Card Debt While no one likes to be nagged, a bit of prodding — with periodic emails or online messages — can help consumers reduce their credit card debt, a new study has … Continue reading How reminders can help manage money
Leveraging Technology To Make Credit Credible The small-dollar credit (SDC) market — think payday and auto-title lending — is ripe for innovation and disruption. Most of the $44 billion industry consists of high-cost, low-quality products that lead people into cycles … Continue reading How to provide cheaper access to credit