Be an Anglophile and adopt this British investing approach to ease young investors into stocks.
We tend to pay off the card with the smallest balance first, regardless of the interest rate.
This book on how our minds’ intuitive and logical parts work together can help us recognize investing mistakes.
Giving up a lump sum in favor of a series of payments may wreak havoc with our mental accounts.
Both of these extreme spending personalities suffer pain and guilt when faced with opening up their wallets. Here's how you can strike a better balance.
The relationship between happiness and income can be summed up in a simple equation, but really, it's complicated.
You'll beat tricky merchants and let bad shoppers pay for your bargain.
Believing in the illusion of control, or the ability to forecast the future, can cause overconfidence in investors and harm to your portfolio.
Step one: Recognize -- and overcome -- the psychological hurdles that influence our behavior.
Don't let tricky marketing ploys influence your financial decisions and get you to spend more.
Don't let an inundation of news scare you away from your long-term investing strategy.
We tend to make the best investing choices when we're given fewer options.
If you treat your portfolio as a gambling stake instead of a nest egg, the consequences can be dramatic. See where you fall on the investor-gambler spectrum.
As we grow older, our ability to make sound financial decisions degrades, but if we prepare, we can maintain healthy finances well into old age.
Don't take on more risk just because the market's rising.
We naturally tend to seek out others with similar opinions, but this phenomenon can be harmful to our portfolios.
During the depths of the market crash, women were less likely than men to cut and run from stocks.
We can improve our ability to make investing decisions by procrastinating a bit, focusing on fewer options and settling for good enough.
Learn how to benefit from the psychological phenomenon that makes us think of our money as divided into separate accounts.
Admitting to our prejudices as investors is the first step to overcoming them.
Minimize your money-related mistakes by learning about the investing biases rooted in your experiences, background, culture, and gender.
You may think you're taking in a stream of financial facts, but there's no way you can absorb everything at once.
Buying investments we know best hurts diversification.
A psychological quirk called framing can cause us to make poor decisions -- but you can break the mold.
Both are based on incomplete and unfolding information.
Learn to avoid emotional traps by playing a little Texas hold ’em.
John Cassidy takes readers on a tour of economic theory over the past 250 years, examining the irrational behavior of economists themselves.