behavioral science and decision-making Tag

This is the second part of our Lifestyle Creep Series: What is lifestyle creep (Part 1) and A spreadsheet to detect it (Part 3) Raises are good things, right? But with a raise, comes the tendency to increase spending. And you should, as you worked hard...

Every morning I flag 10 items on my Omnifocus to-do list app for attempted completion. I always, always end up knocking off 3 items, at best. I end the day demoralized, often with a little bit of self-loathing. Maybe it's just an instance of reality overpowering...

“Money makes people more of what they already are,” remarked my friend and fellow hedge fund investor Ted Seides. He continued, “If you are a greedy person, you’re going to want more money. If you’re a kind person, you’’re going to become even kinder.” This...