And believe it or not – this idea can be used to help keep on track with your budget. At one end of the spectrum, we could make spending money very difficult.

It may actually have implications for the way we spend money. Given the rapid rise in the popularity of social media, it might pay to be wise to the unexpected consequences…

We know that shopping makes some people feel good. Now major studies are offering insights into the types of people who are most likely to impulse buy – and the reasons…

The same goes for other seemingly insignificant details, such as seeing a pile of fake money. This phenomenon is known as ”priming” – or the tendency for the mere exposure…

Every year, 8 March is International Women’s Day – a celebration of the world’s women.

Or at a local farmers market, we can be lured by the promise of cheaper prices and fresher produce only to later realise that some items would have actually been cheaper at…

And there are several other, surprising factors that can make us more – or less – willing to part with our cash. Let’s take a look at what the research says.

This could mean forgoing the instant gratification of some meals out at a restaurant or buying fancy electronics now in favour of a better life in the future.

Here’s the unpleasant news: we are each responsible our spending – but chances are you have fallen for thinking tricks that are part of the way we are wired.