Tag Archives: behavioral economics

You Have Too Much Cash and It’s Costing You Money

Dan Ariely, a professor of Behavioral Economics at Duke University, says that studies show that when people pay off loans, they pay off the small loans first rather than the loans with the highest interest rate. Studies also show that … Continue reading

Posted in Credit Cards, Debt, Personal Finance, Saving Money | Tagged , , , , , , , , , , | 7 Comments

American Culture Is Why People Don’t Save Money

Here is an interesting question to ponder. Is the reason that Americans are such lousy savers due to the freedom that parents give to their kids as opposed to how children are raised in other countries? We aren’t told who … Continue reading

Posted in Education, Financial Videos, Personal Finance, Relationships, Saving Money | Tagged , , , , , , , , , , | 10 Comments