Ian's list

Top picks from the web on money and your life, from ING economist Ian Bright – December 2, 2016

Comfortable living

Comfortable living

How much savings do you need to feel comfortable? This Investopedia article says it’s different for everybody. However, while 69% of Americans surveyed feel they’re living comfortably, many cannot cover an unexpected expense of $400 without selling something or borrowing money. People might feel comfortable but are they really?

Betting the house

Betting the house

Gambler's fallacy is when a string of "wins" tempts us to think a losing streak will follow – and it's easy to understand how people lose money this way. This Freakonomics podcast digs into how the thinking trap influences our choices – leading anyone, including investors, umpires, loans approval officers and judges, to make mistakes.

Financially incapable

Financially incapable

Many adults around the world have low financial literacy. Many don’t understand compound interest; others fail to make budgets or set goals to help their long-term finances, as this OECD study points out. An average score, across 30 different countries, of 13 out of 21 shows there is plenty of room for improvement, it says.

Ian Bright
Ian Bright

Senior economist at ING
.(JavaScript must be enabled to view this email address)

42 blogs

If you have a question for Ian, ask him here.

Have your say

Should banks incentivise you more to boost your savings?