Mind Over Money
The Psychology of Money and How To Use It Better
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- £5.99
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- £5.99
Publisher Description
Why is it good to be grumpy if you want to avoid getting ripped off?
Why do we think coins are bigger than they really are?
Why is it a mistake to choose the same lottery numbers every week?
Join award-winning psychologist and BBC Radio 4 presenter Claudia Hammond as she delves into big and small questions around the surprising psychology of money. Funny, insightful and eye-opening, Mind Over Money will change the way you think about the cash in your pocket and the figures in your bank account forever.
PUBLISHERS WEEKLY
BBC radio host Hammond (Time Warped) writes, "Psychology shows that although sometimes we appear to make irrational choices about our money, in the longer term those decisions can turn out to be quite sensible." That may be true, but the argument isn't much helped by Hammond's concise summaries of numerous by her count, 263 psychological experiments researchers have conducted to learn how money changes our thoughts, feelings, and actions. What's missing is a clear rationale for including consumer-focused insights into such subjects as pricing, attitudes toward poverty, and saving side by side with advice for charity fund-raisers and an analysis of compensation schemes for London financiers. Instead of actionable advice, Hammond offers 32 tips such as "Don't choose the same lottery numbers every week or you will never be able to stop playing" and "When you go to a restaurant with a group of friends, don't agree to sharing the bill equally until everyone has ordered." Britishisms such as "loo rolls" and examples that use British pounds and euros rather than U.S. dollars may put off some American readers of this U.K. import.