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Poor extroverts spend proportionately more on buying status
The Economist: EVEN when money is short, an occasional high-end experience is tempting. From luxury clothes to a round of golf, splurging not only makes people feel better, but may also enhance their status with
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Low-Income Extraverts Spend More on Status Than Introverted Peers
Banking data indicate that the types of goods and services that low-income individuals buy may depend, in part, on personality.
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One surprising way money can buy happiness, according to scientists
The Washington Post: If you were given $40 on the condition that you had to spend it on something that would make you really happy, what would you do with the money? Some people might
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Systematic Research Investigates Effects of Money on Thinking, Behavior
Three experiments provide inconsistent evidence for the effect of money primes on various measures of self-sufficient thinking and behavior.
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In Retirement, It’s Save Now or Pay (a Lot) Later
The Wall Street Journal: Given a choice between satisfying our immediate needs and desires or focusing on the future, the here and now typically wins out. That impulse doesn’t bode well for retirement savings. …
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In Today’s Supreme Court Case, Freedom Of Speech Meets Your Wallet
FiveThirtyEight: Every time we buy something with our credit cards, whether at a high-end restaurant or a local bodega, merchants pay a percentage of the transaction to companies like Visa and MasterCard. These “swipe fees”
