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Will Pay for Status
Huffington Post: There are lots of ways to show other people that you have status. I travel a lot, and the airlines treat frequent travelers specially. At the start of the boarding process, the people
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Can Money Buy Self-Esteem?
Scientific American: Sellers have long charged a premium for objects that confer some kind of social status, even if they offer few, if any, functional benefits over cheaper products. Designer sunglasses, $200,000 Swiss watches, and
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Study: Do men flash cash to find a mate?
USA Today: When women seem scarce, men may compete for them by being impulsive, saving less and borrowing more, according to a new study. “What we see in other animals is that when females are
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Searching for the real relationship between money and happiness
The Washington Post: Can money make you happy? An entire quantitative field of study, happiness economics, has grown up around that question. In reading the literature, I came to one inescapable conclusion: Happiness economics makes
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Impatient? It May Hurt Your Credit Score
Forbes: Your propensity to wait (or not) is also reflected in your credit score, according to a study from researchers at Columbia and Stanford published online in Psychological Science. Patient people tend to have higher
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Who’s Wealthy? Beyond Net Worth, Asset and Debt Levels Change Our Perceptions
Will borrowing money to buy a new car make you feel richer? It depends on your net worth, says a new study in Psychological Science, a journal published by the Association for Psychological Science. “People’s
