irrationality

What To Consider Before Buying An Extended Warranty

What To Consider Before Buying An Extended Warranty

The New York Times has an article about why consumers buy extended warranties for electronic products and other appliances, especially since we rarely have enough information at the moment of sale to make an informed decision. Here are three things to watch out for the next time you’re buying some fun electronic device.

New Credit Card Rules Won't Stop You From Making Bad Decisions

New Credit Card Rules Won't Stop You From Making Bad Decisions

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.