We've all got money on the mind.
Not a day goes by when we aren't thinking about money in some way. We're deciding how to get it, what to spend it on, saving it up or wondering where it's all gone. Whether we like it or not we spend much of our everyday lives deciding what to do with our money, from a simple cup of coffee to buying a house.
Despite this, most people understand very little about their relationship with money. We are remarkably insensitive to how it warps our thoughts, tugs at the emotions and changes our behaviour towards other people. Money seems to have an almost magical effect on us.
Until recently social scientists didn't know much about the psychology of money either. But that has changed with an explosion of interest into how money affects, and is affected by, our emotions, our personalities, our sexual behaviour, our risk-taking and society at large.
This series of posts looks at what some of the latest findings can tell us about how the psychology of money affects our day-to-day lives. These insights might allow us to better enjoy our money, spend it more wisely and understand how it affects our behaviour.
» All future articles on the psychology of money will be added below, so for future reference, bookmark this page in del.icio.us.
- Whistlestop Tour of Research on the Psychology of Money
- Avoid The Relativity Trap - How Thinking Globally Can Save You Money
- Social Versus Financial Thinking - When Money Makes People Lazy and Selfish
- FREE! But at What Price?
You might also be interested in my review of Dan Ariely's book about behavioural economics, Predictably Irrational.
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[Image credit: masochismtango] 