Congrats to the winners of last week’s giveaways: Donna, Lynda, & Jen! We’ve got 4 more books to give out in the next two weeks, so stay tuned :) You better like these cuz it’s takin’ me a lot of time! haha… Here’s todays:
Why Smart People Make Big Money Mistakes and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics
This book’s brought to you by co-authors Gary Belsky & Thomas Gilovich. Here is what Amazon has to say about it:
“In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces — the patterns of thinking and decision making — behind seemingly irrational behavior. They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don’t get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can’t sock away as much as they’d like, and why so many of us can’t control our spending.”
Want it? Tell us something stupid you’ve done financially over the years, and we’ll pick the winners this weekend – we’ve got THREE to give away! I’ll go first…my stupidest move was trying to hack my HELOC to pay less mortgage interest, right before the market crashed :(
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!