Are You a Toxic Spender?
We all try to make the kind of financial decisions that lead to healthy savings accounts, but these five things can corrupt our best intentions.
By Candace Braun Davison
You Keep Forgetting to Tackle Those Piles of Who-Knows-What
If you're waiting until your turn to host the book club to tidy up those cluttered corners in your den, you should know that in addition to being unsightly, they can also spur impulse buys, often for more than what you'd normally spend on an item. A December 2013 study found that people were willing to pay more for items when they were in a disorganized room than a clean one. The chaotic surroundings make people feel like they have little control over the world around them, and by extension, their lives, so they make rush decisions to make up for it, the authors wrote.
Published 09/09/2014