A study conducted last year by German researchers suggests that the human brain might be wired in such a way that we naturally evaluate the value of our money in a non-rational (and potentially wealth-depleting) way.
The findings could have important applications for people looking to improve their financial management habits (including using credit, taking out [...]
My mother, the head of an elementary school, recently told me a story about one of her students that warmed my personal finance blogger’s heart. So I thought I’d share it with you all.
Part One: A Hobby
My mother’s student (we’ll call her “Emily”) loved to bake. She’d make coffee cakes and breads and desserts. She [...]
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