Does receiving favours and freebies make you uncomfortable? Maybe you have “reciprocity anxiety” Years ago, my wife and I were window shopping in the Brighton lanes when we decided to enter a posh perfume store to take a closer sniff. … Continue reading Reciprocation anxiety
All the human flaws and biases that prevent you from managing money better It’s not your fault, you’re only human. But because you are a mere mortal, you’re bound to be making some, let’s say, suboptimal decisions. Humans have systematic … Continue reading Your worst enemies
How to Cope When Debt Damages Your Mental Health So much writing about personal finance focuses on the basics, like sticking to a budget or paying off debt. The emotional toll of money, however, is often missing from the conversation. … Continue reading How do you feel about debt?
Save Money and Reset Your Financial Life With a Shopping Ban For many of us, the beginning of the year involves cutting back: on Negronis, Nutella, Netflix, on whatever we previously overindulged in — which often includes unnecessary spending. But … Continue reading Consider the bigger picture
Will You Outlive Your Money? Methuselah was lucky. The Biblical stalwart lived 969 years without any reported money worries. Like him, many Americans now survive to an advanced age—although nowhere near the record set by the man who might have … Continue reading The fear of living longer
The Secret to Weight Loss According to Behavioral Economics Losing weight is incredibly difficult. People who have put on unwanted pounds need all the help they can get to trim their waistlines. Will behavioral economics come to their rescue? Behavioral … Continue reading How to upset the set point
How Our Personal Finances Can Make Us Happy The idea that money generally, and the state of our finances, in particular, should be an essential contributor to our happiness seems obvious. When we handle money wisely give it an appropriate … Continue reading Is money the star of the show?