On the Web
February 13, 2014
How Love Is Like Money
In this video, an expert in financial behavior explains the common errors in reasoning, whether people are thinking about love or money. Thoughts like:
• This time is different.
• I can change things.
• Wishing on a star.
• Being afraid of loss.
This was a fun and engaging look at love, emotions, and money. I still want to buy a lottery ticket, but now I’ll just feel a whole lot worse when I do it! Enjoyed it!
Quite an entertaining little piece. I, too, will still buy my lottery tickets. Though I make the amount commented on in the talk, I do manage to put away 27% towards my retirement. That extra $200 per year for the entertainment value is what I can afford.