With the increasing pressure to keep up with the Joneses in today’s economy, overspending takes center stage. Fifty-one percent of Americans admit spending more than they should to impress others, a ...

CPA financial planners who understand how psychological factors influence decision-making can better work with clients and operate their practices more effectively. That’s the view of Michael E.

(Last of two parts) The emotion regulation system is commonly described as comprising of three interacting systems: threat, drive and soothing systems. Please note that this is a conceptual model and ...

A reverse Robin Hood dynamic is playing out in the world of personal finance, with the mistakes of the poor lowering costs for the rich. Economists John Y. Campbell and Tarun Ramadorai aim to call ...

The phrase “financial wellness” is thrown around a lot in the financial industry, but the term is commonly misunderstood. Some people only associate financial wellness with how much one has in their ...

Forbes contributors publish independent expert analyses and insights. Anisha Sircar is a journalist covering tech, finance and society. A smart phone is displaying the Google Alphabet stock price on ...

Netemeyer, Richard G.; Lynch Jr., John G.; Lichtenstein, Donald R.; Dobolyi, David. Financial Education Effects on Financial Behavior and Well-Being: The Mediating Roles of Improved Objective and ...

Behavioral Aspects of Saving Psychological factors also play a critical role in how we save money. Research on personal finance behavior highlights the importance of understanding these influences to ...

Americans typically score poorly in financial literacy tests. Yet they're on their own when it comes to making major financial decisions, from funding their retirement to buying a home, two economists ...

Books and articles on behavioral finance tend to discuss “the crazy things that clients sometimes do and not a lot about what we, as practitioners, are supposed to actually do about it,” said Kitces, ...