The Pain of Paying Why Credit Cards Make Spending Too Easy
When you hand over cash for a purchase, you feel it. The bills leave your wallet, and something in your brain registers that loss. That feeling is...
20 days ago Read More
How Present Bias Can Hurt Your Credit Score
Most people know that carrying a credit card balance is expensive. The interest rates are high, the payments stretch on for months, and the total...
23 days ago Read More
Why We Keep Swiping Even When We Know Better
You have probably done this. You see a jacket, a gadget, or a dinner out. You know you should not spend the money. But you tell yourself you will pay...
26 days ago Read More
Why We Put Off Paying Debt and Buy Things We Don’t Need
Most of us know exactly what we should do with our money. We should pay off the credit card balance in full. We should build an emergency fund. We...
2 months ago Read More
Why We Choose Today’s Pleasure Over Tomorrow’s Bills
Think about the last time you bought something with a credit card that you didn’t really need. Maybe it was a nice dinner out, a new gadget, or a...
2 months ago Read More
How Present Bias Leads to Credit Card Debt
When you think about why people carry credit card balances from month to month, the obvious answer is usually “they spent more than they could...
2 months ago Read MorePopular Articles
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