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Money psychology

March

There are nine types of investor. Which are you?

This 5-minute test promises to make you a better investor

It’s never been easier to get a “money personality” assessment that offers to unlock your personal investing secrets. But is there any science to it?

Customers are now routinely presented with a payment terminal featuring several tipping options.

Here’s a tip: people resent being watched while they press ‘no tip’

Payment terminals with automated tipping prompts have increased tipping here – but new research shows customers hate the “tip surveillance” that goes with it.

December 2024

The most popular resolutions include exercise, weight loss and personal finance issues.

Making New Year’s resolutions? Take these 5 tips to help them stick

Studies have shown that up to 70 per cent of people who make such pledges in January abandon those good intentions within months. Don’t be one of them.

November 2024

Stephen Pastor is working hard to reframe his attitude to money.

‘I’m worth millions but I still fret about money’

Money mindsets are established early in life and can lead to poor financial decision-making, but there are ways to reframe your approach.

September 2024

What’s your favourite way to save money?

The $1 rule, and 43 other easy ways to be better with money

Not everything about money has to be hard. We asked experts for their top tips on how to be better at saving, budgeting and investing.

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August 2024

Buy and hold investors choose assets in the belief they will appreciate over time.

There are five types of investor. Which are you?

The best investing advice is 2500 years old and comes from Greek philosopher Socrates: Know yourself.

July 2024

Having too much money isn’t possible, happiness researcher finds

A senior fellow at the Wharton School says the correlation between wealth and wellbeing does not plateau once incomes reach a certain point.

Mike Larcher

A mind trick helped Mike buy this $300k car. Next? A $15m mansion

Millionaires reveal the money psychology hacks they swear by, detailing how delayed gratification can make you richer – and more in control of your goals.

May 2024

How this Millennial plans to retire at 35

Saving hard and opting out of the consumer lifestyle has helped these people retire decades before their parents did.

April 2024

Play Monopoly like a property tycoon.

Nine of the best games to play to supercharge your investing

What if you could learn everything you need to know about investing by playing a few board games? Here are nine that will give you a head start.

February 2024

The line that demarcates Gen Z is all about their experience of the internet.

‘Money dysmorphia’: The new problem gripping Gen Z

Millennials and Gen Z are suffering from crippling insecurity when it comes to money and finances - and it’s a real problem.

January 2024

Having more money brings us greater control over our daily lives, which can make us happier.

Three ways to use money to buy happiness

The good news is you don’t have to do anything drastic – or expensive – to give your happiness a boost.

December 2023

Paul McKenna on stage with Mindvalley last year.

The $371 financial summit where a bestselling author rubs you rich

As Paul McKenna instructs us to run our hands lovingly from our shoulders to our elbows, some audience members have their doubts.

July 2023

Airlines may offer a decoy such as an expensive premium ticket with fewer amenities.

How airlines get you to spend more – unless you’re smart

To get better prices on flights, customers need to understand how the shopping experience has been engineered to exploit your biases.

May 2023

Investment scams rob $88m from Australians

Investing has always been seen as risky business. But losing everything isn’t in the playbook.

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February 2023

Walking to the train station can provide the kind of daily exercise that improves mental health.

How to get ahead financially on the daily commute

Forty minutes on public transport can work wonders for your money life – especially for those suffering the “motherhood penalty”.

Allens partner Michelle Levy has released her review into the financial advice sector.

Why Australians can’t afford financial advice (and how to fix it)

Median annual fees for financial advice have soared to $3700, but research suggests most people are only willing to pay $500. The disconnect is a serious problem, according to the author of a year-long independent review.

November 2022

Buy now pay later products are used widely by young people, especially those in financial stress.

Buy now, pay the mental health consequences later, report finds

The financial experiences of young people are closely linked to what else is going on in their lives, a new report finds.

Children’s academic performance is at risk as cost of living pressures take toll on family life.

Cost pressures forcing tough decisions on kids’ education: survey

As families struggle to pay rising bills, their children’s education comes under pressure.

September 2022

Serial panicker when markets fall? Here’s what to do

How to override your “flight to safety” gut reaction that will inevitably lead to even more financial pain.

Original URL: https://www.afr.com/topic/money-psychology-hok