Americans’ financial behaviors are going through another period of transformation. The pent-up consumption as COVID lockdowns eased—revenge spending--is giving way to a new, equally impactful trend: ...
With the increasing pressure to keep up with the Joneses in today’s economy, overspending takes center stage. Fifty-one percent of Americans admit spending more than they should to impress others, a ...
CPA financial planners who understand how psychological factors influence decision-making can better work with clients and operate their practices more effectively. That’s the view of Michael E.
Netemeyer, Richard G.; Lynch Jr., John G.; Lichtenstein, Donald R.; Dobolyi, David. Financial Education Effects on Financial Behavior and Well-Being: The Mediating Roles of Improved Objective and ...
The phrase “financial wellness” is thrown around a lot in the financial industry, but the term is commonly misunderstood. Some people only associate financial wellness with how much one has in their ...
Congratulations! You are likely to score a raise this year. According to HR.com's 2025-2026 Salary Budget Survey, 97% of employers plan to increase their employees' compensation in 2025, with 78% of ...
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Why self-control alone fails in personal finance – 2
(Last of two parts) The emotion regulation system is commonly described as comprising of three interacting systems: threat, ...
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Every decision we make, whether consciously or unconsciously, is informed by our ethical values, including those in business. While ethics has always been emphasized in the finance classes I’ve taken, ...
Books and articles on behavioral finance tend to discuss “the crazy things that clients sometimes do and not a lot about what we, as practitioners, are supposed to actually do about it,” said Kitces, ...
Netemeyer, Richard G.; Lynch Jr., John G.; Lichtenstein, Donald R.; Dobolyi, David. Financial Education Effects on Financial Behavior and Well-Being: The Mediating Roles of Improved Objective and ...
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