From the monthly archives:

July 2010

The Fallacy of OPM – Other People’s Money

July 26, 2010

Can a phrase influence a person or even an entire society into destructive behavior? The analysis of debt woes is often presented as if it’s a math problem, as though people got too far in debt merely as a result of spending too much money over an extended period of time, and all that’s needed [...]

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Deal or No Deal – Take $198,000 or Go for $2 Million?

July 15, 2010

Though I don’t spend much time watching TV game shows, Deal or No Deal is one that I pay attention to when it’s on. Watching people make big financial decisions under pressure and in a short time frame is an interesting study in human psychology that’s way bigger than game shows themselves. They all involve [...]

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Time Is Money – What Are We Spending It On?

July 4, 2010

Creative avoidance. It’s an uncommon term used to describe an extremely common practice that most all of us engage in to one degree or another. It’s the time and effort we put into activities that will keep us from doing the ones that are really, really important—the kind that may even change our lives for [...]

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