Jan 6, 2012

Marketplace Money for Friday, January 6, 2012

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Welcome to the new year! Lose 20 pounds, keep your kitchen clean, cure cancer -- Is starting an emergency fund among your New Year's resolutions? We learn of an unusual way to make sure you actually start saving. And if you're planning to start investing this year, you may want to "riskalyze" first. A behavior science expert reveals numerical triggers that affect how we buy. Plus, health care reporter Gregory Warner tells us what health reform laws come into effect in 2012.

Segments From this episode

Crowd-sourcing solar energy

Jan 6, 2012
A Maryland solar company is creating small power plants throughout a neighborhood as a means to pool financial resources and valuable roof space.
Jim Gekas, treasurer of the University Park Community Solar LLC, points to the solar panels on  the roof of the Church of the Brethren in University Park, Md.
Andrea Hackman

Start a 'Forget You Fund'

Jan 6, 2012
Who wants a boring emergency fund when you can have an exciting "Forget You Fund?" OK, they're the same thing, but we learn how changing your mindset may actually help you save for emergencies.
There's even a catchy tune to remind you to put money in your "Forget You Fund"!
Tim Alban/Getty Images

Getting Personal: Retirement

Jan 6, 2012
Tess Vigeland is joined by Chris Farrell, Marketplace Money's economics editor, to answer listener questions.

'Riskalyze' before you invest

Jan 6, 2012
Before you start to invest, we at Marketplace Money always tell you to assess your "risk tolerance." Now there's an algorithm that can help you quantify how much risk you are willing to take on.
iStockphoto

Piggy Bank Award: Financially planning a windfall

Jan 6, 2012
We congratulate a man who decided to squirrel away his Lotto winnings until he finished drafting a sound financial plan for his millions rather than spending it on the high life.
Spend your winnings wisely!
Justin Sullivan/Getty Images

The psychology of 'price anchoring'

Jan 6, 2012
Ever run to the grocery store planning to buy just a gallon of milk, but come out with a cart full of items? A behavior science professor explains the numerical triggers that encourage us to buy more.
Number cues dictate how you buy.
iStockphoto

This week: Health care reform in 2012

Jan 6, 2012
Marketplace's health reporter Gregory Warner discusses what parts of the health care reform law will come into effect this year.

Welcome to the new year! Lose 20 pounds, keep your kitchen clean, cure cancer — Is starting an emergency fund among your New Year’s resolutions? We learn of an unusual way to make sure you actually start saving. And if you’re planning to start investing this year, you may want to “riskalyze” first. A behavior science expert reveals numerical triggers that affect how we buy. Plus, health care reporter Gregory Warner tells us what health reform laws come into effect in 2012.