How to Fight the Psychological Urge to Spend on Payday

The following blog post was submitted by Nathaniel Berman of SheBudgets According to new research from Michaela Pagel, an assistant professor at Columbia Business School, and Arna Vardardottir of Copenhagen Business School, individuals across the income spectrum spend more on discretionary goods — things like clothes, entertainment, and fast-food meals — on days they get paid. By studying electronic … Read more