![]() ![]() Fundamental human characteristics make it hard to manage our money. ![]() Here are the 3 most impactful lessons from the book: Together, they bring a funny, lighthearted look at how we make silly decisions with our money, and what we can do about it. Jeff Kreisler is a former lawyer who uses humor and satire to promote good financial habits. No matter how wise you think you are with your money, you are definitely making some.ĭan Ariely is a professor of psychology and economics and author of other bestselling books dealing with human behavior. ![]() Like we are smart about our money, even if the math doesn’t add up.ĭollars and Sense: How We Misthink Money and How to Spend Smarter sheds light on many of our bad money decisions. ![]() That “savings” amounts to a whopping 45 cents total, some of which was spent getting there! That’s not worth the extra time and effort.įor some reason, we like to feel like we’re getting the best deal. Three cents cheaper per gallon will add up, right? Let’s say that you have the average gas tank size of 15 gallons. Most of us are willing to drive a little out of the way for a better deal when we need to gas up our car. When dealing with money, humans are Predictably Irrational. We are sometimes our worst enemy when it comes to money. But a lot of the time we spend with our heart more than our brain. Most of us like to think we’re good with money. Listen to the audio of this summary with a free reading.fm account*: ![]()
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