Save Money – Choose Your Shopping Buddy Wisely

If we have a choice of companionship when it’s time to go shopping, we often choose friends with a like-minded attitude if we’re not with family. Women are encouraged to shop together for good reason – they’re unstoppable. Women take pride in carefully selecting goods and comparing. It can be a social occasion and emotional… Continue reading Save Money – Choose Your Shopping Buddy Wisely

Higher Prices Mean Higher Quality – Or Do They?

We often have sayings, biases, and assumptions that are built and reinforced over time. For example, we often assume that a higher price means higher quality. We also assume that most people are sensible and will figure out a cheap scam so if a product is priced incorrectly, it won’t last long. But is this… Continue reading Higher Prices Mean Higher Quality – Or Do They?

How Your Feeling Brain Buys the Wrong Investments –Part 2

Even if you just buy company stock or mutual funds in your 401(k), you are still considered an investor, and this blog is for you. In our last blog, we talked about the “feeling” brain and the “thinking” brain. We run on our Feeling brain most of the day until we kick in our Thinking… Continue reading How Your Feeling Brain Buys the Wrong Investments –Part 2

How Your Feeling Brain Blows Your Budget – Part 1

Jason Zweig does a great job of explaining the two sides of our brain in Your Money & Your Brain. We have the “thinking” or Reflective side; and we have the “feeling” or Reflexive side. Our Reflexive side is used more often daily – it is our automatic pilot, or intuition. The reflexive, feeling brain… Continue reading How Your Feeling Brain Blows Your Budget – Part 1

The Shopaholic – Do You Shop for Need or Desire? Part 2

In Part 1 of this blog series, we identified some key warning signs for Shopaholism. Now we examine the different emotions that drive compulsive buying, as well as the biology and genetics that may drive us to the extreme. Impulse disorders such as gambling, alcoholism, and binge eating have a genetic component. Compulsive buying is… Continue reading The Shopaholic – Do You Shop for Need or Desire? Part 2