Evolving Personal Finance » Entries tagged with "young people"

Perfect Articulation of Plastic as Real Money for Young People

Perfect Articulation of Plastic as Real Money for Young People

In episode of Freakonomics from 10/3/2013, Steve Levitt and Steve Dubner discussed a listener question that I thought was a perfect articulation of my opinion concerning the studies that show that people tend to spend more when using credit cards in comparison with cash.   Steve Reta wrote: “This morning I was reading an article on how credit card spending is making us ‘irresponsible’ because it removes the ‘pain’ of paying with cold hard cash.  I found … Read entire article »

Filed under: credit cards, psychology, spending