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Guilty Gift-Giving
The Washington Post: If it’s the thought that counts when giving gifts, why do so many of us get so stressed during the holidays? It’s because you often feel guilty for not giving more even
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Millions on Pet Halloween Costumes? Why We Spend More and More on Pets
TIME: American consumers are expected to collectively spend $370 million on pet costumes this Halloween. That’s $70 million more than last year, and a whopping 40% increase compared to 2010. And how’s this for perspective
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The more money we have, the fewer problems we see
The Washington Post: “Money doesn’t buy happiness” is a cliche for a reason. The Nobel laureate psychologist/economist Daniel Kahneman and Princeton economist Angus Deaton have found that “emotional well-being” (that is, what emotions people report
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Money Degrades Our Ability to Empathize
Pacific Standard: Given the tone-deaf comments a wealthy political figure recently made while addressing some equally affluent donors, you’d almost think money makes a person less able to relate to the feelings of others. And
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Why do we pay more than we should at auctions?
BBC: The allure and tension of an auction are familiar to most of us – let’s face it, we all like the idea of picking up a bargain. And on-line auction sites like eBay cater
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Spending Your Money to Make Someone Else Happy
The New York Times: In the early 1990s, I went to Philadelphia on a Mormon mission and lived in a tough section of the city. One day I received a letter from a friend. In