When it comes to making money decisions, we all like to think that we are rational creatures who will make the best decisions for our self-interests. Unfortunately, much more goes into any decisions we make than a simple cost-benefit analysis. Advertisers and retailers have long understood the irrational impulses that drive consumers, and economists are [...]
A large part of success is in knowing yourself. This is true whether you are starting a relationship, or whether you are working towards a financially stressed life. If you want to create success, you need to make sure that you know yourself. This is especially true if you want to cultivate the behaviors that [...]
Five years ago, we decided to shut off the satellite television service we had subscribed to for over ten years. When people find out we don’t have television service, most are aghast. They can’t imagine life without American Idol, Two and Half Men, Judge Judy, or True Blood. They look at me like I belong [...]
When you already have an insurance policy, it’s easy to become complacent about what you have. You pay the premiums, you have coverage. But, if you don’t look around for better deals, you might find yourself paying more than you should for your policy. Whether it’s home, health or auto insurance, it’s a good idea [...]
Are you throwing money away by spending more on products that have little to no lasting effect on your life? If we examine the why behind a purchase decision closely, we might find that just because mother paid $4.99 for Mead writing tablets, it may not be the wisest shopping choice today. One of the [...]
Many of us experience buyer’s remorse over some of the things we buy, and I am no exception. Even though I try hard to maintain my spending priorities, sometimes I buy something that I don’t really care for — or I agree to something that I’m not really sure about. The truth of the matter [...]
