spending

08/22/2013 - 08:23

It is easier to be generous in theory than it is in practice. In a new study published in the journal Social Cognitive and Affective Neuroscience, researchers show that there is a difference. We are often more generous when dealing with hypothetical payments than we are with actual ones. To examine what happens in the brain when we take genuine decisions as opposed to imaginary ones, the researchers split 38 participants into two groups and asked them to make decisions on different suggested donations to charity while measuring their brain activity.

 

01/26/2012 - 23:23

Psychologists have found that buying life experiences makes people happier than buying possessions, but who spends more of their spare cash on experiences? New findings published this week in the Journal of Positive Psychology reveal extraverts and people who are open to new experiences tend to spend more of their disposable income on experiences, such as concert tickets or a weekend away, rather than hitting the mall for material items.