TheUpsideOfIrrationality

The Ancient Reason Why Economics Can't Be Rational

One of economists' most popular beliefs is a concept called "rational economics." It asserts that a person will do what's in his best financial interest. Only problem is, the idea fails in the real world over and over.

Can a Spending Splurge Help You Reach Savings Success?

Every dieter knows you sometimes have to give in to your cravings on the long road to a weight loss goal. Turns out the same principle applies to personal finance: A splurge now and then can actually help you attain your budget and savings goals.