Mastering Money: Expert Tips to Spend Wisely and Achieve Financial Goals
Dan Ariely, a professor of psychology and behavioral economics at Duke University, shares his top four money tips for recent college graduates. He advises against impulsive spending on trendy items, emphasizing the importance of spacing out bigger purchases and being thoughtful about what you buy. Ariely also encourages graduates to think about the future, avoid debt, and establish the habit of saving and investing early on. Reflecting on past spending and identifying areas of overspending is another key habit he recommends. Lastly, Ariely suggests finding joy in saving and treating yourself occasionally as a reward for building financial comfort.