credit cards
Barbara Kiviat in Time takes a look at the one aspect of credit card debt that no amount of government reform is going to fix:
the human brain's tendency to fail miserably when it comes to making decisions about spending.
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consumerism
Is it possible? Can this country's insatiable appetite for consumer goods be
slowing down? No! Surely not!
US News & World Report's Alpha Consumer, Kimberly Palmer took a look at consumer demand and its relationship to cheap credit.
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ew
The
Wall Street Journal has an article that we could barely finish about absolutely disgusting behavior that air travelers are exhibiting on airplanes. The article details the foul, rude and unsanitary things that you all are doing out of some sort of misguided aggression towards the airline. We have news for you, pig pen, you're only hurting yourselves... or, more specifically, the next guy to sit in that seat.
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your money
Some economists think we're starting to pull out of our
not-recession. For those of us who believe them and want to save without putting too firm a dent in our wallets, consider these
twelve tips endorsed by the Wall Street Journal.
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behavior
CNNMoney has an interesting interview with behavioral economist, Dan Ariely. In the interview, Dan talks about how price comparison (which we take for granted as a "good" habit for consumers to engaging in) may not be very helpful after all. Ha!
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survey says
U.S. News & World Report hates our inability to redeem rebates. If we only tried harder,
they say, we might be able to conquer our "tendency to procrastinate and inability to follow multistep directions." Yes, that must be the problem.
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weird
The
LATimes has an interesting article about the strange things people think about money. Chief among the odd
behavior was the average person's answer to the following question:
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marketing
A consortium of retailers and consumer suppliers are working with Nielsen Co., famous for its nonsensical television ratings system, to launch a
large-scale study of consumer behavior in stores. The program is called PRISM, which stands for "Pioneering Research for an In-Store Metric," and it uses infrared sensors and manual counting, as well as genetic clones of our loved ones, to monitor not just what we buy but how we go about buying it. "About 70% of final purchase decision are made at the shelf," says a Procter & Gamble rep. "The store has always been important - we just didn't know enough about it."
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marketing
Adweek reports that in a recent Nielsen study of shoppers' in-store
behavior, even the study authors were surprised to discover how little some marketers seem to know about what works and what doesn't. First, they determined how we shop for specific product categories:
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january
Yo, lured out to the stores by the warmest January in more than a century, you blithely spent at a rapid clip that outpaced your income.
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