Struggle to make your way around a supermarket without filling your trolley with stuff you don’t actually need? Try using one of those self-scanning handsets. A study found they helped shoppers with low self-control to significantly reduce both the amount they spent and the number of items they bought. Read more supermarket spending tips here.
How we invest our money is affected by our biological make-up. Up to 25% of our appetite for risk-taking is genetic, this article explains, while testosterone can make traders more reckless. Identifying our emotional tendencies and “cultivating a distrust of them" can help us make better decisions, it says.
How much do you spend at restaurants and cafés each month? Whatever the figure you have in mind, try doubling it. Typically, people spend twice as much than they think they do when dining out, researchers found. We should rely less on mental accounting, and more on budgeting apps, they advise.