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Mind over money. Season 1, episode 3, Why do we spend money we don't have? /

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This is something a lot of us do, and something that causes all kinds of problems in our lives. So why do we spend money we don't have, and what can we do about it? We'll demonstrate why our brains don't always think $5 is $5, investigate how a trick called 'anchoring' shape...

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Bibliographic Details
Other Authors: Hawkes, Mitchell (Director), Challis, Brian (Director), Skelly, Arwen O'Connor (Producer)
Format: Video
Language:English
Language Notes:In English.
Published: District of Columbia : MagellanTV, 2016.
Series:Academic Video Online
Subjects:
Money.
Finance, Personal.
Opportunity costs.
Price marks.
Coût d'opportunité.
Prix > Marquage.
Finance, Personal
Money
Opportunity costs
Price marks
Documentary television programs
Documentary television programs.
Documentaires télévisés.
Online Access:Connect to this streaming video (Alexander Street Press)
Description
Summary:This is something a lot of us do, and something that causes all kinds of problems in our lives. So why do we spend money we don't have, and what can we do about it? We'll demonstrate why our brains don't always think $5 is $5, investigate how a trick called 'anchoring' shapes the way we respond to price tags, and learn about the power of thinking about a thing called opportunity cost.
Item Description:Title from resource description page (viewed September 13, 2023).
"With Nigel Latta".
Physical Description:1 online resource (23 minutes)
Playing Time:00:22:56