Is it financial or emotional bankruptcy that cripples relationships?
Myself and Jacqui Gabb discuss the importance of money and emotions in relationships.
Read More Is it financial or emotional bankruptcy that cripples relationships?Category: Consumer Finance
Advertising and impulsive spending
In the video in this blog I discuss with the MoneyMail’s Rachel Rickard Straus the psychology of advertising, impulsive spending and self control.
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Scams, Victims, and Scammers
Successful fraud requires both a set of skills and a willingness to deliberately target and deceive others. The most successful fraudsters have a capacity to look us in the eye, to engage our trust and then betray it without a qualm. This capacity is actually quite rare and often associated with personality disorder (or perhaps […]
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Money and relationships
“Money doesn’t talk it swears” Bob Dylan Differences in attitudes to money are a major cause of disagreements in relationships. Research shows that financial disagreements are one of the more frequent and less easily resolved causes of relationship conflict. One study found that whilst people are often attracted to potential partners with different emotional reactions to spending, that […]
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New Personal Finance MOOC
The Open University’s centre for the Public UnderStanding of Finance (PUFin) launches new MOOC Lead educator: Martin Upton, Director of the True Potential Centre for the Public Understanding of Finance (PUFin) at the Open University Business School, and former Treasurer of Nationwide Business Society Gain the skills to manage your personal finances: managing budgets, debts, […]
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The Emotional Business of Finance
The video below is a presentation I made at the launch of the Open University Business School‘s Centre for the Public Understanding of Finance (PuFin). You can find a copy of the slides here. Martin Lewis also made a very engaging presentation about financial education at the same event. Further presentations from the event can […]
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Investment, Emotions and the Temple at Delphi*
Can understanding the psychology of investment behaviour help you outperform the market? Probably not, but it can certainly help reduce the probability that you will under-perform the market. This matters, because the majority of private investors under-perform. One compelling piece of research evidence comes from a careful analysis, carried out by Dalbar research, of the […]
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Shopping, impulsiveness and weapons of massive consumption
And I am a weapon of massive consumption And it’s not my fault it’s how I’m programmed to function Lily Allen, The Fear, 2009 The financial crisis that hit us in 2008 has been analysed in great detail by economists and journalists. A good deal of comment, including mine, has focused on the behaviour of bankers and […]
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On the false contrast between rationality and emotion
It is common to contrast emotions with rationality (usually in tandem with proclaiming the superiority of reason over emotion). Take for example this post on the changingminds blog. It is also the claim at the heart of Ayn Rand’s morally barren apologia for the extremes of modern capitalism, ‘Atlas Shrugged‘. In this book she claims […]
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Welcome to the emotional finance blog
Money fractures marriages, drives wars, inspires art, motivates some people to great achievements, leads others to despair. Fear, desire, love, hate, jealousy, anger, anxiety, relief, shame and many more shades of emotion may attach to money in the course of an ordinary day. (Photo credit: @Doug88888) Yet, economic accounts of human financial behaviour focus on […]
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