People are Not as Financially Responsible as They Think, Study Shows.

People are Not as Financially Responsible as They Think, Study Shows.

Most people believe they’re good with money, but a new study suggests most people may not be as financially responsible as they think. In fact, many of us spend superfluously quite often. Building Indiana Business talks with Emily Garbinsky, assistant professor of marketing at Notre Dame’s Mendoza College of Business, to learn about how people can be triggered to realize they’re making poor decisions about saving.

The logic is that if more people realized they were spending superfluously, then more people might be inclined to modify their behavior and save more.

Category Features, Finance, Watch