Personal finance: How to save, spend, and think rationally about money

Finances can be a stressor, regardless of tax bracket. Here are tips for making better money decisions.

  • Whether you have a lot of money or a lot of debt, it matters how you handle your personal finances. A crucial step when it comes to saving is to reassess your relationship with money and to learn to adopt a broader, more logical point of view.
  • In this video, social innovator and activist Vicki Robin, psychologist Daniel Kahneman, Harvard Business School professor Michael Norton, and author Bruce Feiler offer advice on achieving financial independence, learning to control your emotions, spending smarter, and teaching children about money.
  • It all starts with education and understanding. The more you know about how money works, the better you will be at avoiding mistakes and the easier it will be to take control of your financial circumstances.
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Taking pain relievers makes you more likely to take risks

Research from Ohio State finds that acetaminophen affects our emotions.

Credit: Blake Wheeler/ Unsplash
  • Previous research has shown that acetaminophen dulls both our positive and negative feelings.
  • The new study finds that those taking the drug consider risks they've been presented as less scary.
  • Acetaminophen is an important everyday painkiller, so it's a good idea to factor in what it may be doing to our judgement.
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Study: Pandemic rumors may have killed hundreds of people

Pandemic rumors and information overload make separating fact from fancy difficult, putting people's health and lives at risk.

  • An "infodemic" describes a dangerous time when an overload of information makes evaluating that information difficult.
  • A new study found that pandemic rumors and conspiracies lead to people mistrusting governments and health agencies, leading to hundreds of avoidable deaths.
  • Experts recommend that health agencies track misinformation, while individuals take steps to protect themselves from the infodemic.
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Unfiltered lessons of a female entrepreneur

Join Pulitzer Prize-winning reporter and best-selling author Charles Duhigg as he interviews Victoria Montgomery Brown, co-founder and CEO of Big Think.

Women today are founding more businesses than ever. In 2018, they made up 40% of new entrepreneurs, yet in that same year, they received just 2.2% of all venture capital investment. The playing field is off-balance. So what can women do?

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Can a quantum strategy help bring down the house?

Study finds quantum entanglement could, in principle, give a slight advantage in the game of blackjack.

Photo by Sheri Hooley on Unsplash
In some versions of the game blackjack, one way to win against the house is for players at the table to work as a team to keep track of and covertly communicate amongst each other the cards they have been dealt.
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