The Psychology of Impulsive Spending

spending


There is a lot of overlap between psychology and economics, because both focus on certain aspects of how we make decisions.

When I look at the current state of our economy – especially growing personal debt and low credit scores among consumers – I often wonder what psychological factors are driving this behavior.

How to Build Positive Friendships

“We are all travelers in the wilderness of the world, and the best that we can find in our travels is an honest friend.” Robert Louis Stevenson I think a friend is one of the best kinds of relationships in the world. When you have quality friends, you know that they will be there to (more…)