Evolving Personal Finance » Entries tagged with "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
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