it's a timeless lesson on how to manage your wealth in a way that aligns with your values and aspirations. Whether you're looking to make money reading or are interested in the psychological aspects of personal finance, this book is a must-read for anyone seeking to improve their financial...
I call this soft skill the psychology of money. The aim of this book is to use short stories to convince you that soft skills are more important than the technical side of money. I’ll do this in a way that will help everyone – from Read to Fuscone and everyone in between – make...
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I read it with a growing mix of horror and, yes, admiration.The word “wager” in the book’s title recalls the infamous “Pascal’s Wager”. French philosopher and mathematician Blaise Pascal argued in the 17th century that since there was a possibility that God existed, with the power ...
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As hedge funders began to rule the rich roost in the mid-00s, the spread between the mega-haves and the have-a-lots would grow into a chasm, putting the former into a league of their own. According to research, however, all that money didn’t do much to make the super-rich any ...
The article looks at how two lines of research illustrate ways that free-to-play games may take advantages of human psychology to get us to cough up real money more than we may prefer. One way is by sapping our mental reserves and then appropriately timing sales pitches when our self restr...
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The less money I owe on my credit cards, the less interest I’ll pay, and the more money I will have for me in the long run. Let’s say that instead of paying $121.87 in interest every month, I took a year’s worth of that interest ($121.87 x 12 months = $1,462.44) and ...