Here's how to correctly use this iconic measure.
Clear metrics toward financial independence can help you make better financial decisions.
A long-term investment strategy can’t be properly assessed using a short-term metric.
You can use mental accounting to make healthier financial decisions.
When in doubt, spread it out.
Understanding risk and how it relates to three different ways to grow your money is key.
Examining personal finance through the lens of economics yields a nifty road map for accumulating wealth.
Maybe. Maybe not. Just don’t fall prey to the Gambler’s Fallacy.
High and low are meaningless without a reference point.
Here's how to protect your own interests.
Here’s how you can use the laws of psychological distance to your advantage.
You're not irrational. Your mental math is skewed.
Time is limited and information overwhelming. Shortcuts and rules of thumb can help in life--and investing.
Daniel Kahneman on applying behavioral psychology to financial advice.
And why you should start today.
Make discussions productive with some simple (but not easy) ways to get to the heart of financial conflict.
We may be able to improve our financial well-being by directing our attention to a specific financial role model.
The limitations of the advisor-as-educator role.
The investment industry needs to offer services that align with how people make decisions.
Cross-cultural psychology can help your family avoid the pattern of wealth creation and loss.
Subtle changes in word choice from flow words to rooted words or from future tense to present--and even engaging in a foreign language--can help promote rational financial decision-making.