Saturday, May 08, 2010

Dumbest-things-you-do-with-your-money

Dumbest-things-you-do-with-your-money: "A financial psychologist, Klontz says that when it comes to money smarts, size matters: The logical part of your brain is so much smaller than the emotional side that it's like 'a circus performer riding an elephant.' To make smart decisions about your finances, you need the logical side to dominate. But once you get tweaked by greed or fear, that elephantine emotional brain is likely to run amok."