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Why Smart People Make Big Money Mistakes... and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics

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The authors describe the burgeoning new era of research to reveal why people spend, invest, save, borrow, and waste money. They also offer dozens of ... Show synopsis

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Reviews of Why Smart People Make Big Money Mistakes... and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics

Overall customer rating: 5.000
Niggler

Learn from your money mistakes

by Niggler on Apr 25, 2007

Gives insight into how we actually make decisions about money, without setting up unrealistic expectations of changing our decision-making patterns. Instead, it suggests ways to use those patterns to improve financial results and/or minimize financial damage in our daily lives. It acknowledges that people will continue to commit errors in thinking, and provides concrete examples of how we can live better financial lives by recognizing those errors and working around them, rather than eliminating them. Analytical people will love it.

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