The Psychology of Impulsive 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 … Continue reading

8 Biases That Cripple Smart Decision-Making

A bias is any inclination toward a particular belief or perspective, often one that is ill-supported by reason or evidence. When we call another person “biased” we usually mean that they are incapable of looking objectively at the facts. They … Continue reading