US News & World Report: Impatience, it turns out, can be costly. Research suggests that people who opt for smaller rewards today over bigger rewards later tend to have lower credit scores. In the study by Columbia Business School associate professor Stephan Meier, the most impatient people had credit scores More
The New Yorker: To commit to a New Year’s resolution is to gamble. Gym memberships and weight-loss programs are expensive, but they’re good investments if they bring health and happiness. Unfortunately, as I learned eight years ago, people don’t take the prospect of losing money lightly. In the summer of More
NPR: Let’s hear now about a new book that explores a major source of stress. The book is called “Scarcity” and it’s a look at what happens to us when we’re pressured with too little time or too little money. The authors say “Scarcity” actually changes how we think. NPR’s More
Pacific Standard: Whether it’s a lack of decent-paying jobs or an advertising-induced confusion between wants and needs or a propensity to spend without simultaneously practicing the refined art of saving, many Americans reside in financially precarious conditions. National household debt, for example, is on the rise, with consumers currently owing More
Lifehacker: Think of time as a set of cyclical experiences instead of a linear goal-oriented approach. That shift in your mindset could end up increasing your short-term personal savings, according to findings published in the journal Psychological Science. People who think about savings in linear terms may be overly optimistic More
ORF Austria: Weihnachten ist nicht gerade die beste Zeit, um sich Gedanken übers Sparen zu machen. Während das Weihnachtsgeld direkt in Geschenke, Punsch und Skiausflüge investiert wird, schaffen es die Wenigsten, noch ein paar Ersparnisse ins neue Jahr zu retten. Dennoch: Die Österreicher wollen sparen. Laut einer Umfrage der Erste More
