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Mar 29, 2013

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…

Segments From this episode

Retirement advice from a cancer survivor

Mar 25, 2013
Why one woman refused to let cancer alter her retirement planning.

Banking on college acceptance

Mar 25, 2013
The private college 529 plan allows parents to prepay tuition at today's rates at some universities. The only hitch? Their kid has to get in.

Too proud to sell: The disposition effect in behavioral finance

Mar 25, 2013
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.

The young and rich: 'Give away our wealth'

Mar 25, 2013
It may sound crazy, but a group of wealthy young people is giving their inheritance money away.

More seniors pile on debt to help their family

Mar 25, 2013
Senior citizens are racking up debt to help out their family members -- and the younger generation is digging a hole themselves to give their parents a hand.

Real talk with your realtor: Be honest about your feelings

Mar 25, 2013
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.

Expensive mistakes: Emotions and investing

Mar 25, 2013
Buy high and sell low is a sad truth for a reason. Time and again we let panic or euphoria drive our actions in the market and wind up making big, expensive mistakes.

When your heart wants what's bad for your wallet

Mar 25, 2013
If you think about it, marriage is one of the most important financial decisions a lot of people make. But most people don't think of it that way.
iStockPhoto

How much would you spend to save your sick pet?

Mar 25, 2013
For many people, pets are members of the family. So how do you put a price on the life of your pet?
A picture of Pumpkin, a cat owned by John Noel, a deputy sheriff for Los Angeles County. And the donor cat that gave Pumpkin a kidney.
Tess Vigeland

Mind Games & Money: A guide to exploring your emotions in personal finance

Mar 29, 2013
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.

Caution: Chasing a dream doesn't always work out

Mar 29, 2013
Chasing your dream can take a lot of time and cash. And there's no guarantee that doing what you love will work out exactly as you had hoped.

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.