by Miranda | Behavioral Finance, Finance
While it doesn’t seem like there would be much of a difference between a budget and a spending plan, there are subtle differences that have a lot to do with your mind set. For many of us, the prospect of budgeting is unpleasant. It seems to imply sacrifice and...
by Timothy Ng | Behavioral Finance, Entrepreneurship, Finance
Wealth is always regarded as elusive, but numbers suggest otherwise. Credit Suisse’s Global Wealth Report reports that as of mid-2010, there were over 24 million High Net Worth Individuals—people with at least $1 million of investible assets, excluding home value—in...
by Miranda | Behavioral Finance, Finance, Personal Finance
When we think of wasted time, we don’t often think about its cost — financial or emotional. However, wasted time does come with a cost. It can be a monetary cost, or an emotional cost. Either way, wasted time can be costlier than you think. Financial Cost...
by Miranda | Behavioral Finance, Finance, Personal Finance
Money is everywhere these days. In the last few years, personal finance topics have become big news — and big business. Technology has increased the possibilities for earning money, as well as provided a way for almost everyone to participate in the stock...
by Tim Chen | Behavioral Finance, Credit and Debt, Finance
Credit card companies have been increasingly turning to “oops” penalty fees to generate revenue over the years. The reason huge penalty fees have become increasing popular, we believe, is due to competition. Sadly, winning the credit card issuing game has...
