Marketplace Money for Friday, March 29, 2013
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What role do your emotions play when it comes to making financial decisions? In a special collaboration with the New York Times, we examine how our feelings influence our personal finances -- from the choices we make about the pets we care for to deciding who we spend the rest of our lives with. We look at why a realtor is sometimes a homebuyer's emotional partner, why some rich folks are giving away their wealth, and how some seniors are piling on debt to help their families. Plus, Kai Ryssdal examines what happens when chasing your dream doesn't work out. Tune in this weekend to hear our special broadcast.
Posted In: emotions, Personal Finance
How emotional are you when it comes to making money decisions? Explore our special grid to find out. Plus, get tips and learn more about how emotions influence your personal finances.
Posted In: Housing, real estate, emotions
Buying a house is a huge emotional decision. It's important to know the market you're buying in -- and just as important to construct a relationship with your realtor.
Posted In: Investing, investments
The disposition effect says investors tend to "sell the winners, and hold onto the losers" for purely emotional reasons. One behavioral economist fell for the classic investment mistake.