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Psychology of Money

Too Much, Too Soon: How to Avoid Sudden Wealth Syndrome

Irvin G. Schorsch III | Posted 09.06.2012 | Money
Irvin G. Schorsch III

As with any life change, a sudden shift in financial status can be traumatic.

Four Weird Recent Economic Studies | BRAD TUTTLE | Posted 09.23.2011 | Business

Studies show that flexing one’s muscles may help fight off—or possibly cause—wasteful impulse purchases, and other weird money findings. ...

Psych Yourself Rich: How To Beat Your Brain When It Comes To Financial Decisions

Farnoosh Torabi | Posted 11.17.2011 | Healthy Living
Farnoosh Torabi

Research shows that we all have "cognitive biases" (translation: mental barriers) that cloud our judgment, skew our perceptions and sometimes, ultimately, prevent us from making the best financial decisions.