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Why Smart People Make Big Money Mistakes-And How to Correct Them: Lessons from the New Science of Behavioral Economics
(Paperback, 2000)

Author: Gary Belsky, Thomas Gilovich

This straightforward money management guide encourages readers to reexamine their "mental accounting...
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Format: Paperback
ISBN-10: 0684859386
ISBN-13: 9780684859385
Apr 2000
Publisher: Simon & Schuster
220 pages
Language: English
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Synopsis
This straightforward money management guide encourages readers to reexamine their "mental accounting" habits, such as wisely spending paychecks while squandering bonuses or adding unnecessary items to an already costly purchase. By analyzing the psychological reasons behind financially questionable decisions, this book tells how to transform these ingrained thought processes into solid financial planning strategies.

Size
Length:220 pages
Height:8.5 in
Width:5.5 in
Thickness:0.8 in
Weight:13.8 oz

Industry Reviews
"WHY SMART PEOPLE MAKE BIG MONEY MISTAKES is...intelligent and valuable, documenting common financial errors carefully and persuasively. But its laundry-list style does tend to treat important and trivial matters alike....In any case, Messrs. Belsky and Gilovich take a large step toward educating consumers about their financial behavior and its causes."
Wall Street Journal - Paula Throckmorton Zakaria (03/02/1999)


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