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Dollars and Sense Summary

Dan Ariely

Dollars and Sense

by Dan Ariely

Dollars and Sense

Dan Ariely

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Insight Icon3 key insights
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Dollars And Sense explains why it's so hard to manage money and teaches you how to combat false cues and natural desires so you can reach your financial goals.

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Dollars and Sense

by Dan Ariely

Dollars and Sense

Dan Ariely

Overview

Many of us like to think that we're good with money. We might budget, save, and invest. But a lot of the time we spend with our heart more often than our brain. When dealing with money, humans are 'predictably irrational.'

Driving a little out of the way for a better deal when we need to gas up our car seems pretty common sense. But let's say that you have the average gas tank size of 15 gallons. These savings amount to 45 cents in total - knowing that it probably took you longer than that to get there. That's not worth the extra time and effort.

We like to think that we're getting the best deal, but we've got to be realistic about what a real 'good deal' is.

Dollars and Sense: How We Misthink Money and How to Spend Smarter sheds light on many of our bad money decisions and habits.

Dan Ariely is a professor of psychology and economics and author of other bestselling books dealing with human behavior. Jeff Kreisler is a former lawyer who uses humor and satire to promote good financial habits. Together, they take a funny, lighthearted look at how we make silly decisions with our money, and what we can do about it.

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Favorite Quote

"Thinking a lot about money would be fine if by thinking more about it we were able to make better decisions."

Dan Ariely, Jeff Kreisler

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Dollars and Sense

Dan Ariely

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