How you spend affects how much you spend: Non-cash purchases found to be higher than cash buys
User rating: 4.6 / 5 after 14 vote(s)
There is fresh evidence that people spend less when paying cash than using credit, cash-equivalent scrip or gift certificates. They also spend less when they have to estimate expenses in detail. These findings appear in the September issue of the Journal of Experimental Psychology: Applied, published by the American Psychological Association.
Full story »
|

PhysOrg Forum
Video
Editorials
Free Magazines
Newsletter
Goto Archive
Suggest a story idea
Send feedback