http://www.mind-manual.com/blog/index.php/2008/04/15/why-people-dont-manage-their-money/ Figuring Out Life Together Mon, 30 Aug 2010 03:08:42 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.mind-manual.com/blog/index.php/2008/04/15/why-people-dont-manage-their-money/comment-page-1/#comment-10129 Why You Don’t Have to Budget to Manage Your Money | Mind-Manual Sat, 03 May 2008 10:31:59 +0000 http://www.mind-manual.com/blog/index.php/2008/04/15/why-people-dont-manage-their-money/#comment-10129 [...] talks about managing money better, for most people that means budgeting. Budgeting also tends to turn people off, and then they don’t even try to manage their money better and just let their finances be [...] [...] talks about managing money better, for most people that means budgeting. Budgeting also tends to turn people off, and then they don’t even try to manage their money better and just let their finances be [...]

]]> http://www.mind-manual.com/blog/index.php/2008/04/15/why-people-dont-manage-their-money/comment-page-1/#comment-9294 DavidH Thu, 17 Apr 2008 18:32:27 +0000 http://www.mind-manual.com/blog/index.php/2008/04/15/why-people-dont-manage-their-money/#comment-9294 Freedom might be part of it, but I think that Behavioral Economics would provide a better explanation. You allude to this when you suggest setting up automatic transfers, which BE studies have shown helps people make more rational and beneficial decisions with their money. Freedom might be part of it, but I think that Behavioral Economics would provide a better explanation. You allude to this when you suggest setting up automatic transfers, which BE studies have shown helps people make more rational and beneficial decisions with their money.

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