Wanna hang a stocking for your cat? Or wrap a new rhinestone collar and place it under the tree so your dog can open it on Christmas morning? Knock yourself out, say psychologists.
psychology
Why the Smell of Cinnamon Makes You Spend Money
Every December, you vow it’s not going to happen and yet, without fail, you return home from your Christmas shopping with far more than you intended. Do you ever wonder why? The answer might surprise you, because you’ve …
Why You Should Shop For Cars When You’re Grumpy
Nearly all accounts about why people have the tastes and preferences that they do center around the idea that the human brain has been “wired” to have those tastes and preferences because of advantages they provided to our …
A Better Way To Pay Off Debts
‘Tis the season … to accumulate debt, and in that spirit we thought we’d write about a pair of related and timely subjects. The first is a new study, containing findings that could help you pay off loans faster. The second is a …
Going Shopping? Beware of Shopping Momentum
The Christmas shopping season is upon us, and if you decide to indulge in the shopping frenzy, be careful. Not just of your health, but of your wallet. Buying at bargain prices is a worthy thing, but once you start shopping it …
Study: Bad Skin Can Kill Your Chances of Landing a Job
Are people with facial blemishes discriminated against in the job market? A new study says yes. In mock job interview settings, interviewers were distracted and recalled less information when speaking to candidates with prominent …
Nice Guys’ Credit Scores Finish Last
If you’re cranky, selfish, rude or all-around disagreeable, your grouchiness comes with one big silver lining: You’re likely to have better credit than people who are affable, friendly and otherwise pleasant company.
Why You’re Probably Financially Better Off Than You Feel
There’s no question that for many (if not most) Americans, today’s economy is challenging for numerous reasons we need not list. For a lot of people, though, their sense of economic vulnerability is greater than their actual …
Struggling for Investment Answers? It Helps To Reframe The Question
Tom ran a public opinion survey a while back where some of the respondents were asked if they believed they could save 20% of their income. Only half said yes. But when the other respondents were asked if they thought they could …
Got a Job Offer? Why You Should Ask for an Implausibly High Salary
Upon being offered a job, the first step should be to pause and enjoy your good fortune. (Jobs are pretty scarce, if you haven’t heard.) Then, to start salary negotiations, toss out a ridiculously high dollar figure. The request …
Experts Don’t Always Have Expertise
We hear a lot of questions lately along the lines of, “How do I know who to believe?” It’s a good question, and relevant not just in personal finance, but in other areas, especially politics, economics and health, where we’re …
