Profitable Ideas: Developing Better Habits, The Psychology of Being Rich, and More

Weekly roundup of some of the best personal finance articles from around the web.

How to develop better habits in 2020 (Ryan Holiday). How some little changes can lead to big results.

How ‘dark patterns’ influence travel bookings (BBC). Marketing keeps getting more scientific. Knowing a little about how it works can help you make better spending decisions.

Successful v. useful: Lessons on teaching from Jim Collins and Peter Drucker (Dave Stuart, Jr.). There’s a lot here—about the pursuit of success, wise money management, humility, and more.

The surprising psychology behind being rich (BBC). Money can do funny things to us.

Should you sell a car and share one car as a family? (Take Charge of Your Money). An idea very few even consider that can have a big impact on your cash flow.

Seven small things you can do to grow your career (ESI Money). Your career is like a goose that lays golden eggs. Take care of it.

How to freeze your credit (CNBC). In an era when identity theft is very common, putting your credit file on ice is a good idea. Here’s how.

Three theories for why you have no time (The Atlantic). If you often feel like there’s never enough time to do all that you need or want to do, these may be the culprits.

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4 Responses to Profitable Ideas: Developing Better Habits, The Psychology of Being Rich, and More

  1. Al December 27, 2019 at 2:49 PM #

    That video on the psychology associated with accumulated wealth was spot on!

    Thanks for sharing it.

    • Matt Bell December 30, 2019 at 1:43 PM #

      You’re very welcome, Al. Lots of interesting insights there, and some cautions. I thought the research showing that the type of car you drive impacts your willingness to help someone — the nicer the car, the less willing to help — was especially fascinating.

      • Al December 30, 2019 at 9:09 PM #

        Well, I just donated my 1995 Subaru Legacy (with 339,000+ miles on it) to the local homeless shelter (Springs Rescue Mission). I wonder what that says about me.

        • Matt Bell December 31, 2019 at 11:00 AM #

          Ha! Giving it away is the ultimate validation of the research!

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