-
As Good as it Gets? Illusion vs. Reality: Age-Related Differences in Expectations for Future Happiness
Albert Einstein once quipped, “Reality is merely an illusion, albeit a very persistent one.” The famous scientist might have added that the illusion of reality shifts over time. According to a new Brandeis University study
-
In Money Matters, Patience can Profit
Whether it’s waking up at the crack of dawn to go to the gym or breaking the bank to pay for college and graduate school, most of us pay small prices in hopes for a
-
New Study Explains why the Future is More Important than the Past
With all due respect to History teachers, people generally give events that have yet to come more value than those that have already happened. This way of thinking is far from illogical; the future is
-
Age-Old Money Matters: Positivity in Older Adults Leads to Balanced Investments
The economic and psychological term known as “sunk-cost fallacy” is a bias that leads someone to make a decision based solely on a previous financial investment. For example, a baseball fan might attend every game
